Forex
globalreutersSeptember 30, 20241 Mins read
Germany September preliminary CPI +1.6% vs +1.7% y/y expected
globalreutersSeptember 30, 20241 Mins read - 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.
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