German March inflation surpasses ECB target

  • 3/30/2021
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BERLIN, March 30 (Reuters) - Germany’s annual consumer price inflation accelerated in March to surpass the European Central Bank’s target of close to but below 2%, the Federal Statistics Office said on Tuesday. Consumer prices, harmonised to make them comparable with inflation data from other European Union countries, rose by 2%, matching a Reuters forecast. (Writing by Joseph Nasr Editing by Madeline Chambers)

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