German CPI expected to be 0.3% year-on-year in March – Destatis

FXStreet (Mumbai) - As per the data released by Destatis, the Federal Statistical Office, the German CPI is seen rising 0.3% year-on-year in March, matching the consensus expectation of 0.3%. The CPI stood at 0.1% in February.

Month-on-month the CPI is seen rising 0.5% in March, compared to 0.9% in February. The harmonized consumer price index for Germany, which is calculated for European purposes, is expected to be up 0.1% in March 2015 on the same month a year earlier. Compared with February 2015, it is expected to be up 0.5%.