Germany: Inflation on the Rise as Expected in July

Germany: July Inflation Highlights

The latest updated data puts the spotlight on July’s inflation in Germany.
The monthly Consumer Price Index (CPI) recorded a 0.3% variation, in line with expectations and up from the previous +0.1% figure.
On an annual basis, inflation stood at +2.3%, compared to the earlier +2.2%, meeting the forecasts.

These numbers indicate a steady rise in consumer prices, reflecting the current economic conditions and the impact of various factors on the overall inflation rate in the country.