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

Austria Producer Prices Fall 1.4% In February (07 min(s), 18 sec(s) ago)
(RTTNews) - Austria's producer prices decreased at a stable rate in February, figures from Sta ...Full Story»

Slovakia Economic Sentiment Falls To 5-month Low (21 min(s), 18 sec(s) ago)
(RTTNews) - Slovakia's economic confidence weakened in March to the lowest level in five month ...Full Story»

Croatia Retail Sales Growth Improves To 3.1% (40 min(s), 18 sec(s) ago)
(RTTNews) - Croatia's retail sales growth accelerated slightly in February after easing in the ...Full Story»

Turkey Economic Confidence Falls To 6-month Low (56 min(s), 18 sec(s) ago)
(RTTNews) - Turkey's economic sentiment weakened in March to the lowest level in six months af ...Full Story»

German Inflation Accelerates On Higher Energy Prices (01 hr(s), 34 min(s), 18 sec(s) ago)
(RTTNews) - Germany's inflation accelerated in March as energy prices increased for the first ...Full Story»

Bulgaria Inflation Rises To 3.9% (01 hr(s), 41 min(s), 18 sec(s) ago)
(RTTNews) - Bulgaria's consumer price inflation increased for the first time in six months in ...Full Story»

Eurozone Economic Confidence Weakest In 6 Months (02 hr(s), 25 min(s), 18 sec(s) ago)
(RTTNews) - Eurozone economic confidence weakened to a six-month low in March and price expectatio ...Full Story»

India Industrial Production Grows 5.2% In February (03 hr(s), 02 min(s), 18 sec(s) ago)
(RTTNews) - India's industrial output growth improved somewhat in February on the back of manu ...Full Story»