Germany's Inflation Hits Record Low Rates in March

World | April 11, 2014, Friday // 12:42| Views: | Comments: 0
  • Send to Kindle
Bulgaria: Germany's Inflation Hits Record Low Rates in March

EU harmonized inflation in Germany has dropped to its lowest level in more than three years in March, 2014, final data from the Federal Statistical Office Destatis showed Friday.

In European harmonized terms, prices increased 0.3% in March, but rose only by 0.9% on annual basis. In February, prices advanced by 1%. The last time inflation in Europe’s largest economy saw such low rates was in June 2010.

The consumer price index increased by 1% annually in March, after a 1.2% climb in February. The latest inflation rate is the lowest since August 2010. On a monthly basis, consumer prices increased by 0.3%.

Wholesale trade prices decreased by 1.7% in March on an annual basis, after dropping 1.8% in February and 1.7% in January. From February to March, wholesale prices remained unchanged.

The final data confirms the preliminary estimates of the Statistical Office from end-March.

World » Be a reporter: Write and send your article
Tags: Germany, harmonized inflation, consumer price index, wholesale prices
Advertisement All Are Welcome! Join Now!
Please, log in to post a comment.
» To the forumComments (0)
Bulgaria news (Sofia News Agency - is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." (Sofia News Agency - and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria