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Germany's Flash Annual Inflation Rises to 2.9% in August

MT Newswires·08/31/2026 08:09:47
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08:09 AM EDT, 08/31/2026 (MT Newswires) -- Germany's annual inflation rate edged up to 2.9% in August from 2.8% in July, according to provisional data from the country's Federal Statistical Office published Monday. The latest reading is below the consensus estimate of 3%. On a monthly basis, consumer prices were 0.2% higher, against the previous 0.8% gain and the expected 0.3% rise. The annual harmonized inflation rate stood at 2.9%, compared with the prior 2.8% and the market forecast of 3.1%. Meanwhile, harmonized consumer prices were up 0.2% month over month, against the previous reading of a 0.9% increase and the expected 0.3% rise.