The inflation rate in Germany is expected to be +6.1% in August 2023. It is measured as the change in the consumer price index (CPI) compared with the same month a year earlier. In July 2023, the inflation rate was +6.2%. Based on the results available so far, the Federal Statistical Office (Destatis) also reports that consumer prices are expected to increase by 0.3% on July 2023. The inflation rate excluding food and energy, often referred to as core inflation, is expected to be +5.5% (July 2023: +5.5%). {table} In August 2023, food prices continued to show above-average growth (+9.0%) compared with the same month ... (full story)