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RPT-German March inflation surpasses ECB target

RPT-German March inflation surpasses ECB target

By Reuters Staff

1 Min Read

(Repeats with no changes to text)

BERLIN, March 30 (Reuters) – Germany’s annual consumer price inflation accelerated in March to surpass the European Central Bank’s target of close to but below 2%, the Federal Statistics Office said on Tuesday.

Consumer prices, harmonised to make them comparable with inflation data from other European Union countries, rose by 2%, matching a Reuters forecast. (Writing by Joseph Nasr Editing by Madeline Chambers)

Our Standards: The Thomson Reuters Trust Principles.

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