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11.04.2013, 09:43

Germany March inflation confirmed at 1.8%

Germany's EU harmonized inflation stayed unchanged at 1.8 percent in March, as estimated earlier, final data released by the Federal Statistical Office showed Thursday.

Inflation as per the harmonized index of consumer prices (HICP) stayed unchanged at 1.8 percent in March. The figure matched preliminary estimates.

On a monthly basis, the HICP moved up 0.4 percent in March, in line with the preliminary estimates, the agency said.

At the same time, the consumer price index increased 1.4 percent year-on-year in March, and matched initial estimates, after growing 1.5 percent in February.

Month-on-month, consumer prices edged up 0.5 percent in March, in line with the flash estimates. The latest growth was slower rate than February's 0.6 percent, data showed.

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