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Germany April preliminary CPI +7.2% vs +7.3% y/y expected

Prior +7.4%CPI +0.4% vs +0.6% m/m expectedPrior +0.8%HICP +7.6% vs +7.8% y/y expectedPrior +7.8%HICP +0.6% vs +0.8% m/m expectedPrior +1.1%The slightly lower reading has already been telegraphed by the state readings earlier. It's not much comfort as prices continue to stay elevated while this also marks a fourth straight increase in monthly consumer price inflation. The ECB might take heart from lower core prices next week but a return to 2% is still a long way to go. This arti... Read More

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Germany

April

Preliminary

Expected

Forex

Posted: Apr 28 2023, 12:00

Author Name: forexlive

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