German consumer prices hit a 29-year high in November, preliminary data showed Monday, as soaring energy costs and supply chain bottlenecks weigh on Europe’s top economy, APA reports citing Daily Sabah.

The annual inflation rate rose by 5.2 percent, accelerating for the fifth month in a row, with the surge partially driven by a 22-percent jump in energy prices, federal statistics agency Destatis said.

Source: Azeri-Press News Agency