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Inflation exceeded the three percent mark for the first time since 2008

2021-07-29T12:26:41.060Z


Goods and services in Germany are becoming noticeably more expensive. For the first time in 13 years, the inflation rate has risen above three percent.


Enlarge image

Price tag in a supermarket

Photo: Marius Becker / dpa

In July, inflation in Germany exceeded the three percent mark for the first time since August 2008.

Consumer prices were 3.8 percent above the level of the same month last year, as the Federal Statistical Office announced on the basis of a preliminary calculation.

More soon on SPIEGEL.de

Source: spiegel

All business articles on 2021-07-29

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