Since February it has fallen from 54.3 factors.
The worsening outlook is underscored by inflation readings from Germany with earlier estimates of seven.3 p.c for March confirmed immediately.
The figures put inflation effectively past its highest stage since reunification with comparisons to the state of affairs following the beginning of the Iran-Iraq warfare which additionally produced a shock for power costs.
Dr Georg Thiel, President of the Federal Statistical Workplace, stated: “Along with the COVID-19 pandemic, the Russian warfare towards Ukraine now additionally has a marked impression on the speed of value enhance in Germany, particularly for heating oil, motor fuels and pure fuel in addition to some meals merchandise.”