German inflation spirals
Sep 13th 2022 9:22am EDT
Soaring energy costs are pushing up consumer prices, official statistics show Annual inflation in Germany accelerated to 8.8% in August, the highest level in nearly 50 years, finalized data from the Federal Statistical Office (Destatis) showed on Tuesday. According to the agency’s press release, the figure rose from 8.5% in July (on an EU-harmonized basis), […]
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