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Brandenburg October CPI +4.6% vs +5.6% y/y prior
The German state readings are supposedly only due on Monday next week, so this is a surprise early release. The annual reading points to a further softening in price pressures but they are still largely elevated as a whole. The monthly reading also shows another 0.3% increase in consumer prices so that's something to be wary about especially once the base effects fade.Edit: The monthly reading shows a flat estimate (correction by Reuters), so that's a welcome development instead. But we'll see i...
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Posted: Oct 27 2023, 08:11
Author Name: forexlive
Views: 112175