Berlin September 10 2024: German inflation fell to its lowest level in more than three years in August, a second estimate confirmed on Tuesday, making it easier for the European Central Bank to cut interest rates this week.
Inflation eased to 2.0% in August, its lowest level since June 2021, thanks to lower energy prices.
German consumer prices, harmonised to compare with other European Union countries, had risen by 2.6% year-on-year in July.
