Europe Intelligence Brief — Wednesday, August 12, 2026
Rio Times · Europe Intelligence Brief August 12 Key Facts — Confirmed at 2.8% German consumer prices rose 2.8% over the year in July, up from 2.3% in June, in final figures published on Wednesday. —… The post Europe Intelligence Brief — Wednesday, August 12, 2026 appeared first on The Rio Times .
On August 12, 2026, Europe released its latest intelligence brief. German inflation rose to 2.8% in July, driven entirely by energy prices after a fuel rebate expired. The core rate remained relatively stable at 2.4%. Food prices were nearly flat, while energy prices jumped 8.3% over the year. The fuel rebate ended on June 30, leading to a fuel price surge of 11.2% in a single month, with diesel up 12.6% and petrol 11.0%.
The European Central Bank faces pressure to act on the energy shock, as interest rates cannot lower the price of imported crude.
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- USA & Canada Intelligence Brief — Wednesday, August 12, 2026 riotimesonline.com
