Germany September preliminary CPI 1.6% vs 1.7% y/y expected

September 30, 2024
-FCHFX

September 30, 2024 at 01:00PM

Prior +1.9%

HICP +1.8% vs +1.9% y/y expected

Prior +2.0%

The softer headline figure was more or less expected after the state readings earlier here. Core annual inflation is expected to come in at 2.7% though, just marginally lower than the 2.8% reading in August. So, there is still more work to be done there to convince of a much stronger disinflation trend in Europe’s largest economy.

This article was written by Justin Low at www.forexlive.com.

Germany September preliminary CPI 1.6% vs 1.7% y/y expected

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