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Destatis released its consumer price inflation data for Germany on Monday. German preliminary consumer price index rose 0.5% in March, exceeding expectations for a 0.4% increase, after a 0.9% gain in February.
On a yearly basis, German preliminary consumer price index increased to 0.3% in March from 0.1% in February, in line with expectations.
Consumer prices rose as energy prices rebounded in March.
Final consumer price index will be released on April 15, Destatis said.
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