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Inflation in Germany has slowed to 2.2%


March, 31 2025
watermark Economic news

In March, annual inflation in Germany dropped to 2.2% from February's 2.3%, according to the Federal Statistical Office (Destatis). On a monthly basis, consumer prices increased by 0.3% compared to the February increase of 0.4%. 


Core inflation, which excludes changes in food and energy prices, has also slowed down. In March, it was 2.5%, down from February's 2.7%. At the same time, the cost of food increased by 2.9% year-on-year, compared with 2.4% in February. 


Energy prices, on the contrary, showed a decrease – they fell by 2.8% against a decrease of 1.6% a month earlier. Services, in turn, have risen in price by 3.4% over the past year, while the cost of goods has increased by 1%.


Taking into account the harmonized consumer price index calculated according to EU standards, inflation in March reached 2.3% in annual terms. On a monthly basis, the growth was 0.4%, which is confirmed by preliminary data.


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Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.