BREAKING: Germany CPI slightly lower than expectations 🔔

2:01 PM 31 January 2024

1:00 PM GMT, Germany - Inflation Data for January:

German CPI: actual 0.2% MoM; forecast 0.2% MoM; previous 0.1% MoM;
German CPI: actual 2.9% YoY; forecast 3.0% YoY; previous 3.7% YoY;
German HICP: actual 3.1% YoY; forecast 3.2% YoY; previous 3.8% YoY;
German HICP: actual -0.2% MoM; forecast -0.1% MoM; previous 0.2% MoM;

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On EURUSD, we do not see much change. Investors are waiting for the US labour market publication, which will be out in 30 minutes.

Source: xStation 5

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