Germany Consumer Price Index (YoY) down to 2.2% in March from previous 2.3%

Inflation in Germany remains slightly above the European Central Bank's target of two percent. Prices continue to rise, especially in services and food.

German inflation falls but trade conflicts cloud horizon

Germany’s inflation rate inched downwards in March, preliminary data showed Monday, but analysts warned that trade tensions could fuel faster consumer price rises in the near future. Annual inflation in Europe’s largest economy was 2.2 percent in March, federal statistics agency Destatis said, down from 2.3 percent the previous month. Analysts surveyed by financial data firm FactSet had expected a rate of 2.1 percent. Falling energy prices and a…

Inflation slows down in Germany in March

According to the latest data from the German statistics office Destatis, inflation in the country fell to 2.2 percent in March, a smaller increase than in previous months. The main reason for this decrease is lower energy prices, while services recorded a more moderate increase. This result comes after inflation in February was 2.3 percent. During March, prices increased by 0.3 percent on a monthly basis, which is a decrease compared to February…

Although the price pressure on German consumers has recently eased somewhat, this is reflected above all in energy costs. However, when purchasing daily, inflation continues to increase.

Germany's Consumer Price Index (CPI) will close in March at 2.2% year-on-year, one tenth less than in February, according to the first estimate published by the Federal Statistical Office (Destatis).

The inflation in Germany continues to decline. After 2.3 percent in February, prices were increased by 2.2 percent in March, according to initial estimates. Price drivers remain food.