Germany’s inflation rate was negative 0.1% in July

Berlin, August 13 data released by the German Federal Bureau of statistics on August 13 showed that Germany’s inflation rate in July was negative 0.1% due to factors such as lower VAT rate and lower energy prices. < / P > < p > data show that in July, German energy prices fell by 6.7% year-on-year, which continues to have a “downward impact” on the inflation rate of the month. Excluding the influence of energy prices, the inflation rate in Germany was 0.8% in the current month. In addition, food prices rose 1.2% year-on-year, with fruit and meat prices rising 7.8% and 5.4% respectively.