Germany: Annual CPI climbs 1.4% in March

FXstreet.com (Barcelona) - According to data released today by Destatis, German annual inflation rose 1.4% in March, down from the 1.5% rise registered the previous month. This result is in line with analysts' forecasts. On a monthly basis German CPI increased 0.5% in March, after sliding 0.6% in February, as expected.

Year-over-year German HICP rose 1.8% for the second straight month in March, according to forecasts. On a monthly basis HICP grew 0.4% in March, following a 0.8% increase in February.