The inflation rate in Germany is expected to slow to 1.3 percent year-on-year in March 2019 from 1.5 percent in the previous month and below market expectations of 1.6 percent. It should be the lowest rate since April last year, as services and food prices are set to rise at slower pace.
Services inflation is expected to fall to 1.2 percent in March from 1.4 percent in February, with rents prices advancing 1.4 percent, the same pace as in the previous month. Also, food prices are set to increase 0.7 percent, compared to 1.4 percent gain in February, while energy inflation should accelerate to 4.5 percent from 2.9 percent.
On a monthly basis, consumer prices are set to advance 0.4 percent in March, the same pace as in February and also below market forecasts of 0.6 percent.
The harmonised index of consumer prices is expected to rise 1.5 percent from the previous year (vs 1.7 percent in February); and 0.6 percent month-over-month (vs 0.5 percent in February).
3/28/2019 1:11:50 PM