RealNews

Energy costs fuel rising German inflation in M

Steadily climbing energy prices pushed German inflation higher in May, regional data showed on Wednesday, sending a gloomy signal regarding hopes for a pick-up in consumption. Consumer prices rose by more than 3.0 percent in four major German states — gaining 3.5 percent in western Hesse, 3.2 percent in southern Bavaria and 3.1 percent in the eastern states of Brandenbourg and Saxony, regional statistics services said. Full Story

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