Germany: Inflation rises in March
March 30, 2015
Consumer prices in March rose 0.5% over the previous month, according to preliminary data released by the Federal Statistics Office (Destatis) on 30 March. The result followed February’s 1.0% increase.
In annual terms, consumer prices rose 0.3% in March, coming in above February’s mild 0.1% increase, and marking the highest print in four months. Nevertheless, annual average inflation inched down from February’s 0.7% to 0.6% in March, the lowest reading since June 2010.
Meanwhile, harmonized consumer prices rose 0.1% in annual terms, contrasting February’s 0.1% decrease. Annual average HICP inflation moderated from 0.6% in February to 0.5% in March.