Destatis

Data released in Germany and the US on Wednesday showed inflation easing slightly in July, although price pressure on consumers in both countries continues as governments and central banks try put the brakes on soaring costs.  In Germany,…

Germany's inflation rate reached 7.9% in May, according to data published by the German statistical agency Destatis. The preliminary figures were based on the consumer price index and compared with prices from May 2021. May's inflation was…