Europe · Inflation

Key Facts

German gap Germany’s July 2026 headline inflation hit 2.8%, while core inflation fell to 2.4% from 2.5% in June.

Energy driver Destatis and Reuters confirm the German headline rise was driven by energy prices, not broad demand.

Italy cools Italy’s July 2026 headline inflation eased to 2.9% from 3.0% in June, with core at 1.6%.