In March, German Inflation Rises 1.6%

According to a report released on Thursday, German inflation rose at a slower than expected rate last month.

According to data from the Federal Statistics Office, the consumer price index rose 1.6% last month, compared with the same month a year earlier.Prices rose 0.4% from a month earlier.

Economists had expected annual inflation to increase 1.7% and monthly inflation to rise 0.5%.
The state readings are not harmonized to compare with other euro zone countries.

Harmonized to compare with other euro zone countries, consumer prices rose by 1.5% from the previous year and rose 0.4% from the previous month.

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