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Consumer prices in August 2019: +1.4% on August 2018
The inflation rate in Germany as measured by the consumer price index (CPI) was 1.4% higher in August 2019 than in August 2018. The Federal Statistical Office (Destatis) also reports that the rate of inflation was down (July 2019: +1.7%). Compared with July 2019, consumer prices decreased by 0.2% in August 2019. Energy product prices rose 0.6% from August 2018 to August 2019. This increase was much smaller than the overall price increase. In July 2019 energy prices had risen by as much as +2.4% year on year. Marked year-on-year price increases were also recorded for district heating (+4.7%), natural gas (+4.6%) and ... (full story)