German inflation hits highest point for 10 years 

Rising energy prices pushed inflation in Germany in October to its highest level for 10 years.

Prices rose by 2.5 per cent compared to the same month in 2017, the Federal Office of Statistics in the city of Wiesbaden announced on Tuesday based on preliminary data.

The last time inflation was higher was in September 2008 when it stood at 2.8 per cent.

The monthly rise from September to October was 0.2 per cent, the office said.

Source: dpa

The post German inflation hits highest point for 10 years  appeared first on Ghana Business News.



from Ghana Business News https://ift.tt/2PvMKVE
via IFTTT

Comments

Popular posts from this blog

Sasco – Zukaye Remix ft. PM Boss (Prod.By Six30Beatz)