German inflation rises to 2.2 percent in August

German inflation rises to 2.2 percent in August

THE ASSOCIATED PRESS
Published Aug 29, 2012 10:00AM MDT
Frankfurt, Germany • Annual inflation in Germany rose to 2.2 percent in August from 1.9 percent the month before due to higher fuel prices. Germany’s statistics agency Destatis said Wednesday prices rose 0.3 percent from the month before, according to the common EU consumer price index. The European Central Bank has said it sees no inflation threat now for the 17-country eurozone as a whole. Some economists say a rise in inflation in Germany could help solve the eurozone’s debt crisis. Under thi...
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