German Inflation Accelerates in March as CPI Jumps to 1.1% MoM

Germany’s consumer price inflation picked up sharply in March 2026, with the month‑over‑month Consumer Price Index (CPI) rising 1.1%, according to data updated on 30 March 2026. This marks a notable acceleration from February 2026, when prices increased by just 0.2% compared with the previous month.

The March reading underscores a brisker pace of price growth in the euro area’s largest economy, as the latest figure reflects a significantly stronger monthly change than in the prior period. On a month‑over‑month basis, the “actual” 1.1% increase measures how much prices in March rose relative to February, while the “previous” 0.2% figure captured the change in February compared with January.

The move from 0.2% to 1.1% suggests that inflationary pressures strengthened heading into the spring, a development that will be closely watched by policymakers and market participants assessing the trajectory of prices in Germany and across the broader eurozone.