Inflation forecasts confirmed in Germany
Data from Germany confirmed a previous estimate for harmonized inflation on Friday. The annualized figure eased however from the previous month as energy prices rose at a slower pace, the Federal Statistics Office said.
HICP final y/y increased 2.3% in March, confirming a flash estimate, but lower than 2.5% in February. HICP final m/m was also as expected at 0.4%. CPI final m/m was up 0.3% as expected and unchanged while CPI final y/y was also unchanged as expected at 2.1%.
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