2024-04-10 01:15:06
Consumer prices in Germany, harmonized with EU standards, increased in March 2024 by a four-month low of 2.3% in annual terms, after growing by 2.7% the previous month.
As Day.Az reports with reference to Interfax, this is evidenced by preliminary data from the country’s Federal Statistical Office (Destatis).
Compared to the previous month, consumer prices increased by 0.6%.
In February, there was also an increase of 0.6% in monthly terms.
Consumer prices calculated according to German standards in March increased by the minimum since March 2021, 2.2% in annual terms. Compared to February, they rose by 0.4%.
Experts expected an increase of 2.2% on an annual basis and 0.5% on a monthly basis.
Energy prices in Germany fell by 2.7% in annual terms in March, compared with a decline of 2.4% the month before.
The cost of food fell for the first time since February 2015 – by 0.7% after rising by 0.9% in February.
In the services sector, inflation accelerated to 3.7% from 3.4% a month earlier.
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