(MENAFN) Data showed that inflation in Germany increased in March with consumer prices rising by 0.3 percent compared to the same period a year earlier, The Peninsula Qatar reported.
In the previous month, the consumer price index had surged by merely 0.1 percent on a 12-month basis, the federal statistics office Destatis said in a statement.
Inflation in Europe's biggest economy was back in positive territory, rising by 0.1 percent on-year in March, but still way under the ECB's annual inflation target of just below 2.0 percent.
The March data are still only preliminary, since they are based on consumer price statistics from only six out of Germany's 16 regional states. Final data including all 16 states will be published on April 15.
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