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15 Apr 2015
German CPI rose 0.3% year-on-year in March
FXStreet (Mumbai) - As per the data released by the Federal Statistical Office (Destatis), Consumer prices in Germany were 0.3% higher in March 2015 compared with March 2014. The final figures matched the initial estimates released earlier.
The low inflation rate in March 2015 was mainly due to year-on-year price decreases for mineral oil products, for other energy products, too, price decreases were recorded. The prices of energy (total) were down 5.7% on a year earlier. Excluding energy, the inflation rate would have been +1.0% in March 2015.
Compared with February 2015, consumer prices were up 0.5% in March 2015.
The low inflation rate in March 2015 was mainly due to year-on-year price decreases for mineral oil products, for other energy products, too, price decreases were recorded. The prices of energy (total) were down 5.7% on a year earlier. Excluding energy, the inflation rate would have been +1.0% in March 2015.
Compared with February 2015, consumer prices were up 0.5% in March 2015.