By Editor , 16 September 2026
German Inflation Hits 2.9% in August as Fuel Prices Surge 27.7%

Wiesbaden – September 15, 2026 -- Germany's annual inflation rate climbed to 2.9% in August 2026, up from 2.8% in July and 2.3% in June, driven largely by an energy price shock tied to the Iran war, the Federal Statistical Office (Destatis) confirmed. Consumer prices rose 0.2% month-on-month, matching the preliminary reading.