German inflation fell to 2.0% in August, with energy prices contributing to the decline.
In August, German inflation dropped to 2.0%, its lowest in over three years, primarily due to falling energy prices. Core inflation, which excludes food and energy, also decreased slightly to 2.8%. This trend may prompt the European Central Bank to consider lowering interest rates. In contrast, food prices rose by 1.5% and service prices by 3.9% year-on-year.
4 months ago
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