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December, 7, 2016

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Energy prices push inflation up in Germany to 2.1% y-o-y in Aug.

FRANKFURT -- Rising energy prices pushed inflation in Germany, Europe's top economy, above the threshold set by the European Central Bank in August, official data showed on Wednesday.

Inflation stood at 2.1 percent year-on-year last month, national statistics office Destatis said in a statement, slightly revising higher its initial estimate made on August 29. In July, the 12-month inflation rate had stood at 1.7 percent.









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