Home / Market Update / Germany: Annual HICP Rises to 3.4% in August

Germany: Annual HICP Rises to 3.4% in August

According to the preliminary estimate published by Destatist on Monday, consumer inflation in Germany, as measured by CPI, decelerated sharply in August and remained flat as compared to the 0.9% rise recorded in the previous month. On a yearly basis, the CPI edged higher to 3.9% from 3.8% in July.

Check Also

Is Gold Price’s Recent Dip a Sign of Trouble or Opportunity?

Gold is down -0.06%, trading at $ 2,937.36 per ounce. Gold prices experienced a slight …