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German Inflation Eases Markedly In March

By Renju Jaya   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Germany's consumer price inflation eased markedly in March as the sharp increase in energy prices seen over the same period last year dropped out of the annual comparison, flash estimate from Destatis showed Thursday.

Consumer prices increased 7.4 percent year-on-year in March but this was notably weaker than the 8.7 percent increase registered in February.

Prices were expected to climb 7.3 percent in March. The latest inflation was the weakest in seven months.

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