Economic Indicators

German inflation eases to 6.5% in July

2023.08.08 03:59


© Reuters. FILE PHOTO: A general view of a fruit and vegetable stand on a weekly market in Berlin, Germany, March 14, 2020. REUTERS/Annegret Hilse//File Photo

BERLIN (Reuters) – German inflation eased in July, the federal statistics office said on Tuesday, confirming preliminary data.

German consumer prices, harmonised to compare with other European Union countries, increased by 6.5% on the year in July.

This follows a 6.8% increase in June. (This story has been corrected to say inflation eased, not rose, in the headline and paragraph 1)

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