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Germany, August inflation confirmed on the rise

Zachary Pearce by Zachary Pearce
September 10, 2021
in Economy
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Germany, August inflation confirmed on the rise
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(Teleborsa) – Confirmed with a slight increase inflation in Germany in August. This was announced by the statistical office Destatis, confirming the preliminary data released at the end of the month, which indicated a increase of 3.9% on an annual basis, in line with consensus estimates, against + 3.8% the previous month.

On a monthly basis there is no variation, as indicated by the preliminary estimate, after + 0.9% in July.

As for harmonized inflation, it recorded a positive variation of 0.1% on a month (like the consensus) and a + 3.4% on a year (confirmed as preliminary).

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Tags: AugustconfirmedfinanceGermanyinflationRise
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