01:00 PM BST, Germany - Inflation Data for December:
- German HICP: actual 2.0% YoY; forecast 2.2% YoY; previous 2.6% YoY;
- German HICP: actual 0.2% MoM; forecast 0.4% MoM; previous -0.5% MoM;
- German CPI: actual 1.8% YoY; forecast 2.0% YoY; previous 2.3% YoY;
- German CPI: actual 0.0% MoM; forecast 0.3% MoM; previous -0.2% MoM;
German inflation delivered a notable downside surprise in the December flash release, with headline CPI easing to 1.8% y/y (vs. 2.1% expected, 2.3% prior) and coming in flat on the month. The harmonised HICP measure slowed to 2.0% y/y (vs. 2.2% expected, 2.6% prior) and rose 0.2% m/m. On an annual-average basis, CPI is estimated at 2.2% for 2025, while core inflation — CPI excluding food and energy — is provisionally seen at 2.4% y/y in December. The breakdown highlights strong disinflation in goods (0.4% y/y) driven by cheaper energy (-1.3% y/y) and softer food inflation (0.8% y/y), whereas services inflation remained elevated at 3.5% y/y, underscoring lingering domestic price pressures despite the broader cooling trend.
The softer national print was foreshadowed by regional “Land” data earlier in the session, with North Rhine-Westphalia slowing to 1.8% y/y (from 2.3%), Saxony to 1.9% (from 2.2%), and other major states also pointing to a weaker headline profile. EURUSD keeps sliding after the publication.
Daily summary: Alphabet shares support sentiments on Wall Street ๐ฝOil, precious metals and crypto slide
US grains surge on commodity fund buying ๐ Wheat up 1.5%
Oil dips below $60 amid EIA report๐จIs a sell-off coming?
Bitcoin dips to $91K despite strong ETF inflows ๐
The material on this page does not constitute as financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other particular needs.
All the information provided, including opinions, market research, mathematical results and technical analyses published on the website or transmitted to you by other means is provided for information purposes only and should in no event be interpreted as an offer of, or solicitation for, a transaction in any financial instrument, nor should the information provided be construed as advice of legal or fiscal nature.
Any investment decisions you make shall be based exclusively on your level of understanding, investment objectives, financial situation or any other particular needs. Any decision to act on information published on the website or transmitted to you by other means is entirely at your own risk. You are solely responsible for such decisions.
If you are in doubt or are not sure that you understand a particular product, instrument, service, or transaction, you should seek professional or legal advice before trading.
Investing in OTC Derivatives carries a high degree of risk, as they are leveraged based products and often small movements in the market could lead to much larger movements in the value of your investment and this could work against you or for you. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience, before trading, and if necessary, seek independent advice.
