Inflation in Germany rose in July to 1.7 percent on an annual basis, from 1.6 percent a month earlier. The German Federal Statistical Office reported this on the basis of provisional figures. Economists generally expected an inflation rate of 1.5 percent. On a monthly basis, German consumer prices went up by 0.5 percent, after a 0.3 percent increase in June. On the basis of the European harmonized measurement method, German inflation amounted to 1.1 percent, compared to 1.5 percent a month earlier. Economists generally expected at a level of 1.2 percent.
Europe puts pressure on Switzerland to adopt the prohibition on degassing for inland tankers while sailing
Europe puts pressure on Switzerland to adopt the prohibition on degassing for inland tankers while sailing