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Germany September preliminary CPI +4.5% vs +4.6% y/y expected

Prior +6.1%CPI +0.3% vs +0.3% m/m expectedPrior +0.3%HICP +4.3% vs +4.5% y/y expectedPrior +6.4%HICP +0.2% vs +0.3% m/m expectedPrior +0.4%The ECB can take some comfort from the headline reading as it falls back below the 5% mark, and that also goes for core annual inflation which fell from 5.5% in August to 4.6% in September. However, the devil is in the details.As mentioned here in the preview, a lot of this has to do with base effects as compared with September last year when the government's... Read More

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Germany

September

Preliminary

Expected

Forex

Posted: Sep 28 2023, 12:00

Author Name: forexlive

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