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BREAKING: German CPI report in line with expectations 🎯

7:08 AM 11 July 2024

07:00 AM BST, Germany - Inflation Data for Jun:

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

Germany's final CPI for June remained at 2.2% year-on-year, matching the preliminary estimate, with the HICP also steady at 2.5%. This marks a decrease from previous figures, with core annual inflation at 2.9%, falling below 3% for the first time since February 2022.

 

 

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