""The inflation increase observed so far is just the beginning. Even if the ceasefire in the Middle East holds, inflation is likely to rise further in April.""
""Higher fuel prices in early April and delayed pass-through from wholesale gas and electricity costs would continue to push prices up, alongside indirect increases such as more expensive deliveries.""
""A sustained ceasefire and normal shipping through the Strait of Hormuz could ease pressure, while renewed escalation could push inflation toward 4%.""
Germany's inflation rate reached 2.7% in March, the highest in two years, primarily due to rising energy prices. Energy costs increased by 7.2% year-on-year, with fuel prices jumping around 20% and heating oil surging 44.4%. While electricity and natural gas prices fell, food prices rose modestly by 0.9%. Net rents and services also saw increases. Experts predict further inflation in April, influenced by fuel prices and geopolitical stability in the Middle East, which could significantly impact future inflation rates.
Read at www.dw.com
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