Iran War and Low Water Levels - Rising Energy Prices Drive Inflation Rate - Highest Value Since December 2023
TL;DR
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Germany's inflation rate rose to 2.9 percent in August, the highest since December 2023. This increase is attributed to higher oil prices due to the Iran war and special effects like low water levels on the Rhine.
Source: deutschlandfunk.de
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- Where consumer prices are rising most sharply
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