Stimulus measures must not spur inflation -Germany's Scholz

German Chancellor Olaf Scholz attends a press conference after a closed cabinet meeting at Schloss Meseberg, near Gransee, Germany, August 30, 2023. REUTERS/Lisi Niesner

MESEBERG, Germany (Reuters) -Germany's government must be careful that its economic stimulus measures do not spur inflation, Chancellor Olaf Scholz said on Wednesday, shortly after his cabinet approved 32 billion euros ($35 billion) of corporate tax cuts to boost flagging growth.

German consumer price inflation, harmonised to compare with other European Union countries, rose by an annual 6.4% in August, preliminary data showed on Wednesday, edging lower from 6.5% in July but more than the 6.3% forecast in a Reuters poll.