German inflation drops to 3 1/2 year low


German inflation has slipped to its lowest level since August 2010, falling to 1% on year in March from 1.2% in February.

On month, CPI rose 0.3% vs +0.5%.

HICP +0.3% on month vs +0.5% previously. On year, HICP +0.9% vs +1%.

All the figures were in line with consensus.

The decline in inflation was again mainly due to a drop in prices for mineral oil products. Excluding heating and motor fuels, inflation was 1.3% on year.

DAX futures are +0.2, while the euro is flat at $1.3891. (PR)

ETFs: EWG, BUND, EWGS, GERJ, DBGR, DXGE, BUNL, FGM, GGOV, BUNT, HEWG

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs