Germany inflation confirmed to accelerate in July but core prices remain steadier

July final CPI +2.8% vs +2.8% y/y prelim Prior +2.3% July final HICP +2.8% vs +2.8% y/y prelim Prior +2.4% German headline annual inflation is reaffirmed to have nudged up in July. However, the good news at least is that core annual inflation is seen easing marginally to 2.4% -…