Financial News: German Inflation Accelerates On Higher Energy Prices

German Inflation Accelerates On Higher Energy Prices

03/30/2026 - 08:48:00 (RTTNews)

(RTTNews) - Germany's inflation accelerated in March as energy prices increased for the first time since late 2023 due to the Iran war, preliminary data from Destatis showed on Monday.

The consumer price index rose 2.7 percent year-on-year in March, faster than February's 1.9 percent gain. The rate came in line with expectations. EU harmonized inflation advanced to 2.8 percent in March, as expected, from 2.0 percent in February.

Excluding food and energy, core inflation was unchanged at 2.5 percent. Data showed that energy prices increased for the first time since December 2023. Prices advanced 7.2 percent, reversing the 1.9 percent drop a month ago.

Meanwhile, food inflation softened to 0.9 percent from 1.1 percent and services inflation held steady at 3.2 percent.

On a monthly basis, consumer prices grew 1.1 percent in March, which was much sharper than the 0.2 percent rise in February.

Similarly, the harmonized index of consumer prices climbed 1.2 percent after rising 0.4 percent in February. Final data is due on April 10.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Eurozone Exports Fall For Second Month (06 hr(s), 56 min(s), 07 sec(s) ago)
(RTTNews) - Eurozone exports decreased for the second straight month in February, data from Eurost ...Full Story»

Eurozone Current Account Surplus Declines (08 hr(s), 23 min(s), 07 sec(s) ago)
(RTTNews) - The euro area current account surplus declined in February driven by decreases in trad ...Full Story»

Malaysia GDP Growth Softens In Q1 (11 hr(s), 39 min(s), 07 sec(s) ago)
(RTTNews) - Malaysia's economy logged a softer growth in the first quarter, driven by weaker p ...Full Story»

Singapore Non-Oil Domestic Export Data Due On Friday (19 min(s), 53 sec(s) ago)
(RTTNews) - Singapore will on Friday release March figures for non-oil domestic exports, highlight ...Full Story»

Treasury Reveals Details Of Twenty-Year Bond Auction (01 hr(s), 15 min(s), 07 sec(s) ago)
(RTTNews) - The Treasury Department on Thursday announced the details of this month's auction ...Full Story»

U.S. Industrial Production Unexpectedly Falls 0.5% In March (01 hr(s), 50 min(s), 07 sec(s) ago)
(RTTNews) - Industrial production in the U.S. unexpectedly decreased in the month of March, accord ...Full Story»

Philly Fed Index Unexpectedly Jumps To Highest Level In Over A Year In April (02 hr(s), 40 min(s), 07 sec(s) ago)
(RTTNews) - The Federal Reserve Bank of Philadelphia released a report on Thursday showing an unex ...Full Story»

U.S. Jobless Claims Pull Back More Than Expected To 207,000 (03 hr(s), 14 min(s), 07 sec(s) ago)
(RTTNews) - A report released by the Labor Department on Thursday showed first-time claims for U.S ...Full Story»