Germany: Annual CPI rises 1% in March, as expected

FXStreet (Łódź) - According to data released today by Destatis, German annual inflation rose 1% in March, following 1.2% growth registered the previous month. This result is in line with analysts' forecasts. On a monthly basis German CPI edged up 0.3% in March, down from 0.5% in February, as expected.

Year-over-year German HICP rose 0.9% in March, following 1% in February. On a monthly basis HICP increased 0.3%, following 0.5% growth. Both results are in line with expectations.