India, Aug. 29 -- Consumer price inflation in Germany climbed in August to its highest level in five months, while the core figure was steady amid an acceleration in food price growth, and weakened chances for further easing from the European Central Bank in the near term.
The consumer price index rose 2.2 percent year-on-year following a 2.0 percent rise in each of the previous two months, preliminary estimates from the statistical office Destatis showed on Friday. Economists had forecast 2.1 percent inflation. Headline inflation was the strongest since March, when it was at the same level.
Core inflation, which excludes food and energy prices, was 2.7 percent, unchanged since June.
Inflation in the biggest euro area economy is now abov...