The seller gives the client’s changing at Stall in the farmers market in Hanaw, Germany, on Saturday, August 9, 2025.
Alex Crawn Bloomberg Gety pictures
Initial data from the Destatis Statistics Office on Friday showed that German inflation increased by a higher than expected 2.1 % in August.
The economists included in Reuters expected the main number, which is coordinated for comparison in the euro area, would reach 2 %. The inflation increased by 1.8 % more in July.
Markets and economists closely see inflation figures worldwide to assess the impact of tariff policies worn by US President Donald Trump. Many sectoral fees, as well as the so -called mutual duties, have been valid in recent months.
The United States and the European Union were struck Trade Agreement In July, including a 15 % tariff rate on many European Union commodities that were exported to the United States New details It was released earlier this month that this abdominal average will also be applied to some of the highly disputed sectors such as drugs – but decisive questions are still unanswered, Leave companies on the edge of the abyss.
It is widely expected to increase the definitions in the United States, but its impact on costs in other places is less clear.
There were also widespread concerns about definitions and the relevant economic uncertainty that weighs economic growth. The German economy, the largest in the European Union, has long been hovering near the flat line. The country’s gross domestic product expanded 0.3 % in the first quarter, before contracting by 0.3 % in the next period, according to the latest. Data From Destatis.
This is an urgent news story, please check again for updates.
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