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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

US consumer prices in March rises the most in 8 ½ years (Image: IDC)

US consumer prices in March rises the most in 8 ½ years

Consumer prices in the United States have seen the biggest increase in more than eight years as the increase in vaccinations and the strong fiscal stimulus released pent-up demand, triggering what most economists expect to be a rapid period of higher inflation. US consumer prices