Main PageMarch 30, 2026

Germany March preliminary CPI +2.7% vs +2.7% y/y expected

  • Prior +1.9%
  • HICP +2.8% vs +2.8% y/y expected
  • Prior +2.0%
  • Core CPI Y/Y +2.5% vs +2.5% prior
  • Full report here

Everything as expected with limited market reaction. Destatis notes that energy prices are expected to be up 7.2% on the same month of the previous year. This is the first increase in energy prices since December 2023.

The market is pricing in 64% chance of an ECB rate hike in April and a total of 75 bps of tightening by year-end (three hikes in total).

This article was written by Giuseppe Dellamotta at investinglive.com.