Business Express is an online portal that covers the latest developments in the world of business and finance. From startups and entrepreneurship to mergers and acquisitions, Business Express provides reporting on the stories that matter most to business leaders and decision-makers.The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.
2022 08 30T121534Z 1 LYNXMPEI7T0HC RTROPTP 4 GERMANY ECONOMY INFLATION - Business Express
Headlines

German EU-harmonised consumer prices up 8.8% y/y in August


(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

Don't miss out on any breaking news or insightful opinions!
Subscribe to our free newsletter and stay updated on the go!

By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email.

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)

Recent Post:
Related
Copyright © 2010-2024 GBAF Publications Ltd - All Rights Reserved.
2020 © Zeen World News