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Germany: Annual CPI climbs 1.4% in March

FXstreet.com (Barcelona) - According to data released today by Destatis, German annual inflation rose 1.4% in March, down from the 1.5% rise registered the previous month. This result is in line with analysts' forecasts. On a monthly basis German CPI increased 0.5% in March, after sliding 0.6% in February, as expected.

Year-over-year German HICP rose 1.8% for the second straight month in March, according to forecasts. On a monthly basis HICP grew 0.4% in March, following a 0.8% increase in February.

Germany Harmonised Index of Consumer Prices (MoM) falls to 0.4% in Mar from 0.8% in Feb.

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Forex: EUR/USD muted after German inflation

The shared currency attempted a rebound to 1.3080 soon after German Consumer Prices rose 0.5% MoM and 1.4% YoY, in line with market expectations. The bounce however probed to be short-lived, as the...
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