German Annual Inflation Confirmed at 2.7% in February

Confirming the flash estimate, Germany's annual inflation rate increased to 2.7% in March from 1.9% in February, final data from the country's Federal Statistical Office showed Friday.On a monthly basis, consumer prices were up 1.1%, matching the preliminary reading and against the previous 0.2% uptick.The annual harmonized inflation rate for March was also confirmed at 2.8%, compared with 2% earlier. Meanwhile, harmonized consumer prices were affirmed to be 1.2% higher month over month, against the previous reading of a 0.4% gain.

-- Confirming the flash estimate, Germany's annual inflation rate increased to 2.7% in March from 1.9% in February, final data from the country's Federal Statistical Office showed Friday.

On a monthly basis, consumer prices were up 1.1%, matching the preliminary reading and against the previous 0.2% uptick.

The annual harmonized inflation rate for March was also confirmed at 2.8%, compared with 2% earlier. Meanwhile, harmonized consumer prices were affirmed to be 1.2% higher month over month, against the previous reading of a 0.4% gain.