German inflation hits 13-yr high as Bundesbank frets about low ECB rates
Rise trumps forecast for inflation rate of 2.9%
Base effect from VAT change is partly responsible
Adds detail, economist, background
BERLIN, July 29 (Reuters) - Germany's annual consumer price inflation accelerated by more than expected to hit a 13-year-high in July, rising further above the European Central Bank's target of close to but below 2%, the Federal Statistics Office said on Thursday.
Consumer prices, harmonised to make them comparable with inflation data from o...