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Heads up: Germany states' CPI readings due later today
The drop in annual inflation pressures in Europe last month owes much to base effects. So, don't expect the same kind of fall this time around as that was largely a one-off after the surge in energy prices from last year amid the Russia-Ukraine conflict.As such, German annual headline inflation is estimated to show a 7.3% reading this month - reflecting just a mild drop from March.While that might still point to signs of inflation peaking, core prices remain elevated and the monthly reading is e...
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Posted: Apr 28 2023, 04:10
Author Name: forexlive
Views: 111765