german inflation accelerated again in august after easing in both june and july confirming the first estimate in a sign that price pressures persist as the energy supply crisis lingers the consumer price indexa measure of what consumers pay for goods and servicesrose 79 in august compared with the same month a year ago measured by national standards up from 75 in july final data from german statistics office destatis showed tuesday economists polled by the wall street journal expected inflation to come in at 79 the main reason for the high inflation still is price rises for energy products and food destatis president georg thiel said in the report consumer price inflation in august accelerated to 79 the same registered in may which is the highest reading since 1973 after declining slightly both in june and july due to temporary government measures mr thiel said that two measures of the relief package had a slight downward effect on the overall inflation rate especially from june to august a 9euro ticket for public regional and shortdistance passenger transport and a fuel discount these measures considerably reduced the yearonyear increase in transport prices which was 83 in june 54 in july and 37 in august before the introduction of these measures the increase had been 163 in may in august consumer prices rose 88 on year by european union harmonized standards destatis said monthonmonth consumer prices rose 03 by national standards and 04 by european union harmonized standards destatis data showed energy prices rose 356 in august on year after a 357 increase in july food prices also increased above average posting a 166 onyear increase destatis said excluding energy prices the inflation rate in august would have been 47 excluding energy and food the annual inflation rate stood at 35 in august other factors pushing inflation higher are supplychain problems due to the covid19 pandemic and significant price increases as the economic recovery got under way destatis said the prices of goods were up 147 in august on year the prices of nondurable consumer goods increased 195 and those of durable consumer goods rose 58