World Economy
0

German Inflation at 4-Month Low

German Inflation at 4-Month LowGerman Inflation at 4-Month Low

Germany’s March final consumer price index was confirmed at +0.2% month-over-month as expected. There were no surprises in any of the final readings. Germany’s CPI rose 1.6% year-on-year following 2.2% surge in February. The inflation figure was the weakest since November, econotimes reported. Germany’s consumer prices, harmonized to compare with other European countries, rose by 0.1% in March from the previous month and jumped by 1.5% from the previous year, the Federal Statistics Office confirmed on Thursday. Energy price inflation slowed sharply to 5.1% in March from 7.2% in February. Food price inflation eased to 2.3% from 4.4%.

Add new comment

Read our comment policy before posting your viewpoints

Financialtribune.com