As “Deutsche Welle” writes, an increase in the prices of basic foodstuffs, such as coffee, chocolate or fruit, caused a re -increase in inflation in Germany, which exceeded the level of 2 percent.
According to data from the Federal Statistical Office in August this year. The inflation rate was 2.2 percent For comparison: in June and July it stayed at 2.0 percent.
Eurostat data speak of inflation at 2.1 percent. against 1.8 percent a month earlier. The German data “pulls”, therefore, the statistics of the entire euro area up, which we wrote about in Business Insider Polska last week.
As the President of the Federal Statistical Office of Ruth Brand emphasizes, inflation in Germany for the first time this year recorded a slight growth. “Economists anticipate the maintenance of indicators above 2 percent also in the following months. The data shows that from July to August this price increased by 0.1 percent, and the forecast for the whole year assumes the average inflation of 2 percent” – writes Deutsche Welle.
