2023-08-08 08:15:00
food prices
Food was eleven percent more expensive in July this year than in July 2022.
(Photo: dpa)
Berlin Inflation in Germany eased somewhat in July. Because food prices are no longer rising so sharply, goods and services cost an average of 6.2 percent more than a year earlier, the Federal Statistical Office announced on Tuesday, thereby confirming an initial estimate from the end of July. In June the inflation rate was still 6.4 percent, in May it was 6.1 percent. From June to July, the cost of living increased by 0.3 percent.
At the beginning of the second half of the year, energy cost 5.7 percent more than a year earlier (June: plus 3.0 percent). Food prices rose again particularly significantly, at 11.0 percent, but not as much as in June at 13.7 percent. Services cost an average of 5.2 percent more than a year earlier. Customers had to dig deeper into their pockets, especially for package tours. Here the prices climbed by nine percent.
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