Breaking news Germany's Annual Inflation At 2.2% In March, Lowest Since May 2021 Lastminute news

Price situation for energy, food had dampening effect on inflation, head of Destatis says.

Germany's annual inflation rate was at 2.2% in March 2024, hitting the lowest level since May 2021, the federal statistical office Destatis revealed on Friday.

The inflation rate was down from 2.5% in February and 2.9% in January, the office stated.

"The price situation for energy and food had a dampening effect on inflation for the second consecutive month," Ruth Brand, the president of Destatis, said, adding: "In March 2024, consumers had to pay less for food than a year earlier for the first time since February 2015."

On a monthly basis, the consumer prices rose by 0.4% in March. -
Sondakika-haberleri net