Arab Today, arab today german inflation edges above ecb price stability limit
Last Updated : GMT 08:51:19
Arab Today, arab today
Arab Today, arab today

German inflation edges above ECB price stability limit

Arab Today, arab today

Arab Today, arab today German inflation edges above ECB price stability limit

Frankfurt - DW

Rising energy prices have pushed inflation in Germany above the European Central Bank’s (ECB) stable price threshold of 2.0 percent. However, the results still constitute an improvement compared with earlier statistics. Prices in Germany rose 2.1 percent in August compared with the same month a year ago, the German Federal Statistics Office, Destatis, said Wednesday. The cost of living had edged up 0.4 percent per month, driven primarily by a steep rise in energy prices, Destatis said. According to Destatis data, car fuel rose 9.4 percent in August, while oil used for heating jumped 13.5 percent. Price increases for foodstuffs, which went up 3.3 percent, also contributed to inflation. However, Germany\'s August inflation has actually dropped in the course of the past 12 months, from a rate of 2.3 percent recorded in August 2011. In addition, German inflation would have been just 1.4 percent, if higher energy prices were stripped from the total, reported Destatis. According to the German central bank, the cost of living was expected to come in at an average 2.1 percent in 2012, and would further drop to 1.6 percent in 2013.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today german inflation edges above ecb price stability limit Arab Today, arab today german inflation edges above ecb price stability limit

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today german inflation edges above ecb price stability limit Arab Today, arab today german inflation edges above ecb price stability limit

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today How to do your own Ramadan corner?

GMT 15:53 2017 Saturday ,27 May

How to do your own Ramadan corner?
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday