Inflation in Germany decreases.
Consumers: Interior prices were 2.2 percent above the level of the previous year’s month, as the Federal Statistical Office announced on the basis of preliminary figures. In February the rate was 2.3 percent.
The inflation of inflation in Europe’s largest economy gives the European Central Bank (ECB) freedom that will decide on the key interest on April 17. In view of a declining inflation, the ECB has reduced interest rates six times since June 2024. The deposit rate relevant to banks and savers is currently 2.50 percent. Whether the series of falling interest continues is mainly uncertain because of the economic risks from customs conflicts with the United States.