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BREAKING: German CPI below expectations 🎯

1:00 PM 1 July 2024

01:00 PM BST, Germany - Inflation Data for Jun:

  • German HICP: actual 0.2% MoM; previous 0.2% MoM;
  • German HICP: actual 2.5% YoY; forecast 2.6% YoY; previous 2.8% YoY;
  • German CPI: actual 2.2% YoY; forecast 2.3% YoY; previous 2.4% YoY;
  • German CPI: actual 0.1% MoM; forecast 0.2% MoM; previous 0.1% MoM;

Reaction to the data is limited, even though the readings were slightly below expectations. CPI data from individual German regions were already known in the morning, allowing investors to better estimate the final publications. 

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