Inflation in Germany accelerates ...News

Consumer prices jumped 9.3% from a year ago in February, Berlin’s statistical office reports German inflation accelerated in February, rising 9.3% on the year and 1% on the month, Germany’s Federal Statistical Office (Destatis) reported on Wednesday. The jump in consumer prices, harmonized to compare with other European Union countries, was higher than expected by the office's economists. According to the report, soaring energy and food prices, in particular, had a substantial impact on the top EU economy’s inflation rate. Preliminary data indicated that in February, food prices showed above-average growth of 21.8

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