Gulf Newsbreak
    What's Hot

    Kolkata is now served daily by Etihad Airways

    March 27, 2023

    With Trust International acquisition, Edge strengthens defence and technology portfolios

    March 27, 2023

    Indian space program places 36 satellites in their intended orbits

    March 27, 2023
    • Home
    • Contact Us
    Facebook Twitter Instagram
    Gulf NewsbreakGulf Newsbreak
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • More
      • Sports
      • Technology
      • Travel
    Gulf Newsbreak
    Business

    In August, the German inflation rate increased again to 7.9 percent

    August 31, 2022
    Share
    Facebook Twitter LinkedIn WhatsApp Pinterest Email Tumblr Reddit VKontakte Telegram

    The inflation rate in Germany rose again in August after falling for two consecutive months in a row, according to a report by the German press agency (dpa). In its first estimate, the German Federal Statistical Office (Destatis) has come up with a rate of inflation of 7.9 percent for August compared to the same month a year ago.

    In August, the German inflation rate increased again to 7.9 percentAt the end of July 2022, the inflation rate was 7.5%, while it was 7.6% at the end of June 2022. A year-over-year rate of 7.9 percent was recorded for the month of May. There has been a substantial impact on the high inflation rate due to the rise in energy prices in particular, according to a press release issued by Destatis.

    There was a 35.6 percent increase in energy prices in August 2022 compared to August 2021. Likewise, food prices increased above average by 16.6 percent. Considering the recent government policies intended to cushion the impact of high inflation on consumers, Destatis pointed out that the impact of public transport tickets and fuel discounts is taken into account when calculating the results.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email

    Related Posts

    With Trust International acquisition, Edge strengthens defence and technology portfolios

    March 27, 2023

    The third largest fish producer in the world, India accounts for 8 percent of global production

    March 25, 2023

    A gold price peak may be near – and it may last

    March 23, 2023

    Credit Suisse and UBS are in talks to merge – FT

    March 18, 2023

    Ryan Reynolds joins other celebrities in $1.35 billion Mint Mobile deal

    March 15, 2023

    In JV with SEG ENERA, AD Ports enters Uzbekistan logistics

    March 6, 2023
    Latest News

    Kolkata is now served daily by Etihad Airways

    March 27, 2023

    A flight operated by Etihad Airways touched down last night in Kolkata, the capital of…

    With Trust International acquisition, Edge strengthens defence and technology portfolios

    March 27, 2023

    Indian space program places 36 satellites in their intended orbits

    March 27, 2023

    The third largest fish producer in the world, India accounts for 8 percent of global production

    March 25, 2023

    First A380 service to Bali to be launched by Emirates

    March 24, 2023
    Business

    With Trust International acquisition, Edge strengthens defence and technology portfolios

    March 27, 2023

    The third largest fish producer in the world, India accounts for 8 percent of global production

    March 25, 2023

    A gold price peak may be near – and it may last

    March 23, 2023
    News

    An oasis of tranquility for the diverse Abu Dhabi community – Abrahamic Family House

    March 24, 2023

    Globally, water pollution and sanitation are major problems – UN

    March 23, 2023

    Funding drought compels UN food agency to cut rations in Afghanistan

    March 18, 2023
    Travel

    Kolkata is now served daily by Etihad Airways

    March 27, 2023

    Dubai airline flydubai announces AED1.2 billion profit for 2022

    March 1, 2023

    Dubai Holding acquires full control of the Westin Paris – Vendome

    February 27, 2023
    © 2022 Gulf Newsbreak | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.