Germany March Consumer Prices Rose in Line With Forecasts
By Maria Martinez
German consumer prices rose in March, confirming preliminary
data, the German statistics office Destatis said Thursday.
On a year-on-year basis, consumer prices rose 1.7% measured by
national standards, in line with the forecasts of economists polled
by The Wall Street Journal.
Consumer prices rose 2.0% on year by European Union-harmonized
standards, also in line with forecasts.
Consumer prices rose 0.5% on month by both national standards
and EU-harmonized standards. Economists polled by The Wall Street
Journal had forecast that prices would rise 0.5% by national and
EU-harmonized standards on month.
The coronavirus pandemic and its related restrictions caused
pricing collection problems again in March as some products weren't
available in the market, Destatis said.
Write to Maria Martinez at firstname.lastname@example.org
(END) Dow Jones Newswires
April 15, 2021 02:18 ET (06:18 GMT)
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