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flag German inflation rose to 2.7% in March due to higher energy prices.

flag German inflation rose to 2.7% in March, its highest level since January 2024, driven by a 7.2% year-on-year increase in energy prices. flag The surge is linked to escalating tensions in the Middle East, which have pushed up oil, gas, and electricity costs. flag While services and food price growth remained stable, economists warn the rising energy costs could lead to broader price increases in transport and industrial goods.

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