Germany's annual inflation rate fell to 2% in August, its lowest level since March 2021, final harmonised data confirmed on Tuesday, Caspian Energy Media reports with reference to Euronews.
The total is adjusted for comparison across different EU countries, while the non-harmonised yearly figure stood at 1.9%.
Month-on-month, the harmonised inflation rate came in at -0.2% in August, while the non-adjusted figure was recorded at -0.1%.
"Falling energy prices slowed inflation more significantly in August than in the previous months," said Ruth Brand, President of Germany's Federal Statistical Office.
