FOREX TradingCharts.com

Financial News: German Inflation Accelerates In March

German Inflation Accelerates In March

03/30/2021 - 08:48:00 (RTTNews)

(RTTNews) - Germany's consumer price inflation accelerated in March mainly due to higher energy prices, provisional data from Destatis showed on Tuesday.

Consumer prices rose 1.7 percent year-on-year in March, faster than the 1.3 percent rise in February. A similar higher rate was last seen in January 2020. The annual rate matched economists' expectations.

On a monthly basis, consumer prices gained 0.5 percent, as expected, but slower than the 0.7 percent increase seen in February.

Inflation based on the EU measure of HICP, advanced to 2 percent in March from 1.6 percent in February. The HICP rate also came in line with economists' expectations.

On month, the HICP gained 0.5 percent, following February's 0.6 percent rise. Final data is due on April 15.

Headline inflation continued its upward trend in March and will continue to do so in the coming months, Carsten Brzeski, an ING economist, said. The European Central Bank's commitment to look through higher inflation prints comes not a moment too soon.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


South Africa Leading Index Rises In February (01 hr(s), 06 min(s), 54 sec(s) ago)
(RTTNews) - South Africa's composite leading index increased in February, survey data from the ...Full Story»

Czech Producer Prices Increases In March (01 hr(s), 21 min(s), 54 sec(s) ago)
(RTTNews) - The Czech Republic's producer prices increased in March, figures from the Czech St ...Full Story»

Germany Producer Price Inflation Highest Since 2011 (01 hr(s), 46 min(s), 54 sec(s) ago)
(RTTNews) - Germany's producer prices increased in March at the fastest pace since late 2011 d ...Full Story»

Estonia Producer Prices Rise In March (02 hr(s), 16 min(s), 54 sec(s) ago)
(RTTNews) - Estonia's producer prices increased in March, data from Statistics Estonia showed ...Full Story»

UK Jobless Rate Drops Unexpectedly (02 hr(s), 19 min(s), 54 sec(s) ago)
(RTTNews) - The UK unemployment rate dropped unexpectedly in three months to February, data from t ...Full Story»

Japan Tertiary Activity Grows In February (02 hr(s), 44 min(s), 54 sec(s) ago)
(RTTNews) - Japan's tertiary activity rose for the first time in three months in February, dat ...Full Story»

European Economics Preview: UK Labor Market Data Due (03 hr(s), 07 min(s), 54 sec(s) ago)
(RTTNews) - Labor market data from the UK is due on Tuesday, headlining a light day for the Europe ...Full Story»

China Maintains Benchmark Lending Rates (03 hr(s), 53 min(s), 54 sec(s) ago)
(RTTNews) - China kept its benchmark lending rates unchanged, as widely expected, on Tuesday. ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

South Africa Leading Index Rises In February

04/20/2021 - 03:36 AM (RTTNews)
(RTTNews) - South Africa's composite leading index increased in February, survey data from the ...Full Story>>

Czech Producer Prices Increases In March

04/20/2021 - 03:21 AM (RTTNews)
(RTTNews) - The Czech Republic's producer prices increased in March, figures from the Czech St ...Full Story>>

Germany Producer Price Inflation Highest Since 2011

04/20/2021 - 02:56 AM (RTTNews)
(RTTNews) - Germany's producer prices increased in March at the fastest pace since late 2011 d ...Full Story>>

Estonia Producer Prices Rise In March

04/20/2021 - 02:26 AM (RTTNews)
(RTTNews) - Estonia's producer prices increased in March, data from Statistics Estonia showed ...Full Story>>

UK Jobless Rate Drops Unexpectedly

04/20/2021 - 02:23 AM (RTTNews)
(RTTNews) - The UK unemployment rate dropped unexpectedly in three months to February, data from t ...Full Story>>

Do not sell my personal information

Copyright © 2021. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.