# German EU-harmonised consumer prices up 8.8% y/y in August
Published: 2022-08-30
Category: Headlines
Category URL: https://business.express/category/headlines/
Meta Title: German Eu Harmonised Consumer Prices Up 8 8 Y Y In August
URL: https://business.express/german-eu-harmonised-consumer-prices-up-8-8-y-y-in-august/

![undefined](https://prod.superblogcdn.com/site_cuid_cm5qsmfaw001wwirgq3ggueqg/images/2022-08-30t121534z1lynxmpei7t0hcrtroptp4germany-economy-inflation-1737027233300-compressed.jpg)

(Reuters) – German consumer prices, harmonised to compare with other European countries, were up 8.8% on the year and rose by 0.4% month-on-month in August preliminary data from the Federal Statistics Office showed on Tuesday.

Analysts had also expected harmonised data to increase 8.8% on an annual basis and rise 0.4% on the previous month.

The statistics office gave the following breakdown of non-harmonised year-on-year data for August:

INDEX/COMPONENT

(basis 2015)                             Aug               Jul           Weighting

2022           2022            in 1/1000

Overall index                           +7.9             +7.5                    1000

Goods                                      +14.7            +14.1                 468.16

Energy                                    +35.6            +35.7                 103.83

Food                                        +16.6            +14.8                   84.87

Services                                    +2.2              +2.0                  531.84

Household rents                     +1.8               +1.8                 207.26

(Reporting by Berlin Speed Desk; Editing by Madeline Chambers)


---
This blog is powered by Superblog. Visit https://superblog.ai to know more.
---