The Germany’s Consumer Price Index is up 0.7% in the monthly reading for February, meeting market expectations. In January, the indicator grew by 0.8%.
The annual CPI increased by 1.3%, as expected, surpassing the 1% in January. This is the largest rise in German inflation since March 2020.
The interannual Harmonized CPI grew by 1.6%, in line with expectations, and matching the January result.
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