BERLIN, 3rd April, 2024 (WAM) -- German inflation eased slightly more than expected in March, helped by a drop in energy prices, Reuters reported, citing preliminary data from the federal statistics office on Tuesday.
Inflation in Europe's largest economy slackened in March to 2.3%, its lowest level since June 2021. German consumer prices, harmonised to compare with other European Union countries, had risen by 2.7% year-on-year in February.
The European Central Bank has raised interest rates by the most in the euro's history to bring inflation down from double digits.