(Reuters) – German consumer prices, harmonised to compare with other European countries, were up 8.8% on the year and rose by 0.4% month-on-month in August preliminary data from the Federal Statistics Office showed on Tuesday. Analysts had also expected harmonised data to increase 8.8% on an annual basis and rise 0.4% on the previous month. […]
(Reuters) – German consumer prices, harmonised to compare with other European countries, were up 8.8% on the year and rose by 0.4% month-on-month in August preliminary data from the Federal Statistics Office showed on Tuesday.
Analysts had also expected harmonised data to increase 8.8% on an annual basis and rise 0.4% on the previous month.
The statistics office gave the following breakdown of non-harmonised year-on-year data for August:
INDEX/COMPONENT
(basis 2015) Aug Jul Weighting
2022 2022 in 1/1000
Overall index +7.9 +7.5 1000
Goods +14.7 +14.1 468.16
Energy +35.6 +35.7 103.83
Food +16.6 +14.8 84.87
Services +2.2 +2.0 531.84
Household rents +1.8 +1.8 207.26
(Reporting by Berlin Speed Desk; Editing by Madeline Chambers)
