Tag: 28year
August preliminary data: inflation close to 28-year high
Status: 08/30/2021 3:04 p.m.
Inflation in Germany has risen to its highest level since December 1993. Above all, energy prices are increasing sharply. Inflation should continue to rise in the coming months.
The inflation rate in Germany is expected to be plus 3.9 percent in August 2021 compared to the same month of the previous year. This is announced by the Federal Statistical Office (Destatis) according to preliminary data. A higher value for the inflation rate was last determined in