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Heads up: Germany states' CPI readings due later today

Heads up: Germany states' CPI readings due later today
Headline annual inflation is expected to dip slightly again this month to 6.0%, which will continue to be a welcome development for the ECB. The positive takeaway to this is that the German government did introduce measures to deal with high prices from June to August last year, so an added dip here should on paper reflect better inflation dynamics.That being said, we're still at 6% on the headline and core prices are arguably still much elevated. According to Destatis, core annual inflation is... Read More
Posted: Aug 30 2023, 04:02
Author Name: forexlive
Views: 102647

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