Economics
German Inflation Decelerates in Dip Predicted by ECB
- Consumer prices rose 1.5% in March; economist forecast 1.9%
- Spanish inflation also weakened more than expected in March
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Inflation in Europe’s largest economy decelerated more than forecast in March.
Consumer-price growth in Germany slowed to 1.5 percent from 2.2 percent the previous month, the Federal Statistical Office said on Thursday, marking the first weakening since August 2016. Economists had forecast inflation of 1.9 percent.