This mitigation is primarily caused by a sudden slowdown of the inflation of services that in March amounted to 3.4 percent on an annual basis against February 3.8 percent.
In addition, energy prices in Germany have fallen by 2.8 percent year-on-year and added to a February drop of 1.6 percent, added to the report.
In contrast, food prices rose 2.9 percent year-on, accelerating compared to February 2.4 percent.
Fall and in Greece
The annual base inflation rate in Germany for March is 2.5 percent and is now the lowest of June 2021. years.
On a monthly basis, inflation in Germany has increased by 0.3 percent compared to February.
The German annual inflation rate, calculated according to unique European standards (HICP), currently is 2.3 percent, which is at least for the last six months.
Annual inflation in Germany will probably be over two percent in the coming months, the Department of Forecasts in the Munich Institute for Economic Research IFO Timo Volmeršzer, commented on a separate price movement report in Germany, which was published earlier during the day.
(Vijesti.ba)
