Economics
German Inflation Accelerated in July on Rising Energy Costs
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Inflation in Germany, Europe’s largest economy, quickened in July after energy costs increased.
The inflation rate, calculated using a harmonized European Union method, rose to 2.6 percent from 2.4 percent in June, the Federal Statistics Office in Wiesbaden said today, confirming an initial estimate published on July 27. From the previous month, prices climbed 0.5 percent.