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Heads up: Germany states' CPI readings due later today
The slight rise in German consumer price inflation in June owes to base effects, as the government provided some measures to deal with high price pressures from June to August last year. As such, keep that in mind when reviewing the numbers today as well.The estimates show that we should see headline annual inflation fall slightly though from 6.4% in June to 6.2% in July. That will be a welcome development but monthly inflation is still expected to rise by another 0.3%.In any case, as long as pr...
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Posted: Jul 28 2023, 03:59
Author Name: forexlive
Views: 111523