German inflation at 2.9% as Iran war continues to drive energy prices

NAMPA / DPA
2026-08-31
Frankfurt (dpa) - German annual consumer price inflation increased to 2.9% in August, up slightly from 2.8% in July, the country's statistical office said on Monday. The rise was mainly driven by higher prices for fuel and heating oil, the preliminary figures showed. Like elsewhere in Europe, prices in Germany have risen considerably since the start of the Iran war in late February, which has disrupted energy trade through the Strait of Hormuz, s......
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