Christopher Nye
on April 13th, 2023 The Federal Statistical Office reported that Germany’s annual consumer price inflation hit a seven-month low of 7.4% in March. This was down from 8.7% in the previous two months. Although inflation seems to be cooling, it still remains well above the European Central Bank’s target of 2%.
Euro-watchers will be watching closely to see how this data impacts the single currency.
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