German inflation rises to 2.8% in July due to energy price surge

Germany's inflation rate accelerated to 2.8% in July, up from 2.3% in June, primarily driven by an 8.3% surge in energy prices following the expiry of a temporary government fuel tax cut.

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West Europe

Germany· Berlin

First report 2h ago•Last update 38m ago

German inflation rises to 2.8% in July due to energy price surge

Germany's inflation rate accelerated to 2.8% in July, up from 2.3% in June, primarily driven by an 8.3% surge in energy prices following the expiry of a temporary government fuel tax cut.

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