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عكس السير
Germany inflation hits 2.9% in August
In August 2026, Germany experienced an increase in inflation rates to 2.9% annually, the highest level since July. This was primarily driven by a rise in consumer prices due to a 10.5% annual increase in energy prices, resulting from Middle East tensions and the reduced water levels of the Rhine River, which led to higher transportation and shipping costs. Additionally, prices grew by 0.2% month-over-month, with market expectations indicating that inflation could continue to rise throughout the autumn, fueled by ongoing increases in energy and transportation costs.
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