German August Inflation Slowed Less Than Forecast on Energy
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Inflation in Germany, Europe’s largest economy, slowed less than initially projected in August, as energy costs increased.
The inflation rate, calculated using a harmonized European Union method, fell to 2.5 percent from 2.6 percent in July, the Federal Statistics Office in Wiesbaden said today. On Aug. 29, it had estimated the rate at 2.4 percent. From the previous month, prices remained unchanged.