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وكالة الأنباء القطرية
Germany inflation rises to 2.9 percent
The inflation rate in Germany rose to 2.9% in August 2024, driven by increased energy prices, particularly fuel, which jumped by 27.7% compared to the same month last year, and heating oil, which increased by 50%. Economists expect inflation to continue rising, with the Ifo Institute forecasting it will reach 2.8% in 2026 and 3% in 2027. The German Federal Statistical Office attributed the cause to the fallout from the war with Iran, emphasizing that energy prices are playing a key role in the rise in costs.
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