German inflation rises to 2.9% in August, coming in below expectations
Inflation in Germany rose 2.9% in the year to August on the harmonised measure tracked by the European Central Bank, a fresh acceleration from July but well short of the 3.1% economists had expected, in a reading that offers modest relief to policymakers meeting in Frankfurt next week.
German inflation rose to 2.9% in August, according to Euronews Business. This was a fresh acceleration from July but below the 3.1% expected by economists.
There was also an update on Sri Lanka's inflation, which rose to 8% year-on-year in August, after a 7.3% rise last month, according to Business Recorder. Food inflation in Sri Lanka rose to 8.5% in August, from 6.3% year-on-year in July.
The price of bitcoin and ethereum were reported by Yahoo Finance, with bitcoin opening at $77,695.48 on Monday, August 31, 2026, 0.7% lower than Sunday's opening price, and ethereum opening at $2,417.98, down 1.6% from Sunday's opening price.
Brief written by urgent.news from Euronews Business, Business Recorder, Yahoo Finance — 3 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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