BERLIN, April 12 Reuters German inflation eased in March, helped by a drop in energy and food prices, final data from the federal statistics office showed on Friday.

Inflation in Europe39;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 yearonyear in February.

Core inflation in Germany, which excludes volatile food and energy prices, was at 3.3 in March, down from 3.4 in February.

Underlying inflation is closely watched by the European Central Bank to gauge the durability of price pressures.

Reporting by Andrey Sychev and Maria Martinez, Editing by Rachel More

Source Reuters

Leave A Comment