Brandenburg inflation cools in August as annual rate eases to 2.0%

  • Brandenburg’s CPI rose 0.3% month-on-month in August, slowing from July’s 0.7% increase.
  • Annual Brandenburg inflation fell to 2.0% in August from 2.3% in July.
  • Brandenburg’s annual inflation declined for a third consecutive month after peaking at 2.7% in May.

Brandenburg’s consumer price index rose 0.3% in August from the previous month, slowing from July’s 0.7% increase, while annual inflation eased to 2.0% from 2.3%. The annual rate has declined for three consecutive months after reaching 2.7% in May. Services and food prices increased notably, while energy prices were relatively stable. The latest reading was slightly below Germany’s national inflation rate of 2.1% in August and close to the European Central Bank’s 2% target. The slowdown may provide some relief to households, although prices remain higher than a year earlier and energy costs and wage developments remain potential sources of uncertainty. The earlier topic record had cited Brandenburg’s August inflation at 3.1%; the latest regional data cited here reports 2.0%.

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