Dropping prices for electricity, gas and heating oil have somewhat weakened inflation in Saxony. The provisional inflation rate in July was 2.1 percent, according to the State Statistical Office in Kamenz. In June, the annual inflation rate was still at 2.4 percent.
Compared to the same month last year, prices for electricity, gas and heating oil fell by six to almost nine percent, according to the statisticians. This compensated for the fact that net rents increased by 2.5 percent in the same period.
The increase in prices for household appliances and furniture, leisure, entertainment, culture and transport was relatively low. However, people in Saxony had to pay significantly more for services in daycare centers or social institutions.
