German inflation accelerates to 2.9% in April
- Country:
- Germany
German inflation accelerated in April, reaching 2.9% year-on-year, preliminary data from the national statistics office showed on Wednesday.
Analysts polled by Reuters had forecast the EU-harmonised consumer price index to increase to 3.1% from the 2.8% reported for March, reflecting the energy price surge due to the war in Iran.
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