German HICP climbs in August

Note: This section contains information in English only.
Source: RTTNews
Germany's HICP inflation rose more-than-expected in August, Destatis posted preliminary data on Wednesday. The Harmonized Index of Consumer Prices surged 2.2% on year, after a 1.9% rise in July. Analysts forecast an increase of 2%. The HICP posted 0.3% advance on month-on-month basis. The Consumer Price Index rose 2% on year in August, from 1.7% in previous month.

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