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Germany Inflation Eases To 6.1% As Estimated

By Renju Jaya   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Germany's inflation slowed marginally in August as estimated but the rate remained elevated due to the increases in energy and food prices, final data from Destatis revealed on Friday.

Consumer price inflation slowed to 6.1 percent in August from 6.2 percent in July. The statistical office confirmed the provisional estimate published on August 30.

"The increases in energy and food prices exceed overall inflation and keep the inflation rate high," Federal Statistical Office President Ruth Brand said.

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