Higher energy prices pushed Germany’s annual inflation to a 13-year high in August, as household energy, motor fuels, and food prices jumped, preliminary data showed on Monday. Germany’s harmonized index of consumer prices—harmonized for comparability with other EU economies—increased by 3.4 percent in August compared to the same month a year earlier, and by 0.1 percent compared to July 2021, the Federal Statistical Office of Germany said in preliminary estimates today. The final figures for the August 2021 inflation in Europe’s largest economy will be released on September 10, 2021. As per the preliminary figures from Monday, the harmonized inflation of 3.4 percent is the highest consumer prices increase since July 2008 . The national consumer price index for Germany was even higher in August, at 3.9 percent, according to the preliminary data. “This is due to higher energy and food prices, while the core inflation probably even fell […]