01:00 PM GMT, Germany - Inflation Data for November:
-
German HICP: actual 2.4% YoY; forecast 2.6% YoY; previous 2.4% YoY;
-
German HICP: actual -0.7% MoM; forecast -0.5% MoM; previous 0.4% MoM;
-
German CPI: actual 2.2% YoY; forecast 2.3% YoY; previous 2.0% YoY;
-
German CPI: actual -0.2% MoM; forecast -0.2% MoM; previous 0.4% MoM;
Start investing today or test a free demo
Open account Try demo Download mobile app Download mobile appInflation data for Germany came in 0.1 pp lower than expecteded in the YoY perspective (0.2 pp in the case of Harmonised CPI). The monthly indicator has gone into the red (-0.2%) from 0.4% in the previous month, signaling further cooling of the German economy. A momentary gains on EURUSD have quickly worn off, due to traders expecting a softer stance of ECB regarding further monetary policy adjustments.
Source: xStation5
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
