'BERLIN, March 30 (Reuters) - German inflation eased significantly in March on the back of lower energy prices but still came in above forecast, adding to pressure on the European Central Bank to further tighten its monetary policy.
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Food prices continued to rise rapidly, up 22.3% year-on-year.
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Europe's labour market is so tight that workers have gained bargaining power, and wage growth is now at between 5% and 6%, its highest in decades. Wage negotiations for Germany's public sector failed this week although employers offered almost 6% pay growth per year for 2023 and 2024.'
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German inflation eases less than expected in March, March 30, 2023
Context(Global Stagflation) - UK inflation jumps to 10.4%, surprising analysts - 'Food prices jumped 18%..'(Global Stagflation) - '..the highest inflation in four decades that they’re not close to winning..'