Inflation in Germany in July at 7.5 percent
Created: 07/28/2022, 2:15 p.m
High inflation is also the dominant issue in Germany.
© Hendrik Schmidt/dpa
Inflation worries consumers and increases wage disputes between employers and employees.
In terms of price increases, however, the curve no longer points quite as steeply upwards.
Wiesbaden - The upward trend in prices in Germany weakened again somewhat in July.
Consumer prices rose by 7.5 percent compared to the same month last year, as the Federal Statistical Office announced in a first estimate on Thursday in Wiesbaden.
The annual inflation rate was 7.6 percent in June and 7.9 percent in May.
More information coming soon.
dpa