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Germany June preliminary CPI +6.4% vs +6.3% y/y expected

Prior +6.1%CPI +0.3% vs +0.2% m/m expectedPrior -0.1%HICP +6.8% vs +6.7% y/y expectedPrior +6.3%HICP +0.4% vs +0.3% m/m expectedPrior -0.2%The slightly higher reading than estimated here was already predicated by the state readings earlier. In any case, just be mindful that a decent part of the jump in the year-on-year reading has to do with base effects. From June to August last year, the German government introduced a couple of measures to deal with high inflation - most notably the €9 monthly... Read More

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Germany

June

Preliminary

Expected

Forex

Posted: Jun 29 2023, 12:00

Author Name: forexlive

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