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German inflation rate rises by 1.6 per cent in March

Europe
29.03.2018
By our dpa-correspondent and Europe Online    auf Facebook posten  Auf Twitter posten  
Frankfurt (dpa) - German inflation rose 1.6 per cent in March compared with the same month last year, according to preliminary data released by the Federal Statistical Office on Thursday.

The annual inflation rate had been at 1.4 per cent in February and 1.6 per cent in January.

In particular, higher rent prices, which were up 1.6 per cent, and food prices, up 2.9 per cent, drove the March inflation.

Consumer prices rose by 0.4 per cent between February and March, the Federal Statistical Office said.

 

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