Germany’s annual inflation rate accelerated to 2.9% in August 2026 from 2.8% in July, confirming preliminary estimates and reaching its highest level since April. Energy inflation rose to 10.5%, driven partly by renewed Middle East tensions that lifted oil prices, while motor fuel prices increased 27.7% and heating oil prices rose 49.6%. In the Czech Republic, annual inflation increased to 1.9% from 1.7%, also confirming the preliminary estimate and reaching its highest level since May. Transport inflation accelerated to 9.6%, including a 26.2% rise in fuels and lubricants, while food and non-alcoholic beverage prices fell 4.0%. Monthly inflation eased in both countries, to 0.2% in Germany and 0.3% in the Czech Republic.