Rising Energy Prices Send German Inflation To 13-Year High ...Middle East

OILPRICE - Economy

Higher energy prices pushed Germany’s annual inflation to a 13-year high in August, as household energy, motor fuels, and food prices jumped, preliminary data showed on Monday. Germany’s harmonized index of consumer prices—harmonized for comparability with other EU economies—increased by 3.4 percent in August compared to the same month a year earlier, and by 0.1 percent compared to July 2021, the Federal Statistical Office of Germany said in preliminary estimates today. The final figures for the August 2021 inflation in…

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