Investing.com - German consumer price inflation slowed in March, according to data released on Thursday, indicating that price pressures remain modest in the euro zone’s largest economy.
Annual inflation slowed to 1.6% from 2.2% in February, which was the highest rate since August 2012, the Federal Statistics Office said.
Economists had expected the annual rate of inflation to slow to 1.9%.
Prices rose 0.2% on a month-over-month basis, the report said, slowing from 0.6% in February and below forecasts for 0.4%.