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Daily Archives: August 30, 2021

Inflation in Germany hits historic highs in August

Inflation in Germany hits historic highs in August

The annual inflation rate in Germany rose to 3.9% in August, the highest level since December 1993, when it reached 4.3%, thats what preliminary data released this Monday by the German federal statistical agency (Destatis) indicate. The harmonized Consumer Price Index (CPI) of Germany, which