German inflation hits three-year low in March

ПОДЕЛИТЬСЯ

German inflation hits three-year low in March

The rate of inflation in Germany, Europe's biggest economy, fell to its lowest level in more than three years in March, AFP reports according to official final data.

ПОДЕЛИТЬСЯ

The rate of inflation in Germany, Europe's biggest economy, fell to its lowest level in more than three years in March, AFP reports according to official final data.

The cost of living rose by 1.0 percent on a 12-month basis this month, down from 1.2 percent in February, the federal statistics office Destatis said in a statement.

The last time inflation in Europe's biggest economy was lower was in June 2010.

Using the Harmonised Index of Consumer Prices (HICP), the European Central Bank's inflation yardstick, inflation in Germany stood at 0.9 percent in March, down from 1.0 percent in February.

The ECB defines price stability as increases in the harmonised index of close to but just below 2.0 percent.

The final data confirm a preliminary estimate released at the end of March.

Tengrinews
Читайте также
Join Telegram
Kazakhstan to be hit by snowfall
Flights delayed at Aktobe airport
US dollar drops sharply in Kazakhstan
Kazakhstan to raise living wage in 2026
Tenge continues to strengthen steadily
CSTO meeting has begun in Bishkek
Tenge strengthens against dollar

Exchange Rates

 500.6  course up  583.17  course up  6.51  course up

 

Weather

location-current
Алматы

 

Редакция Advertising
Социальные сети