International Economic

German inflation picks up in July as energy costs surge

By Iain Gilbert

Date: Wednesday 12 Aug 2026

(Sharecast News) - Germany's consumer price index rose 0.8% month‑on‑month and 2.8% year‑on‑year in July, with Destatis confirming provisional estimates and that inflation pressures had intensified yet again.
The increase to the annual inflation rate was largely driven by a sharp rise in energy costs, with energy prices were 8.3% higher...

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