BREAKING: EURUSD with limited reaction despite higher CPI data from Germany ðŊ
BREAKING: EURUSD with limited reaction despite higher CPI data from Germany ðŊ
19:02 30 āļāļĢāļāļāļēāļāļĄ 2024
01:00 PM BST, Germany - Inflation Data for July:
German HICP: actual 0.5% MoM; forecast 0.2% MoM; previous 0.2% MoM;
German HICP: actual 2.6% YoY; forecast 2.4% YoY; previous 2.5% YoY;
German CPI: actual 0.3% MoM; forecast 0.3% MoM; previous 0.1% MoM;
German CPI: actual 2.3% YoY; forecast 2.2% YoY; previous 2.2% YoY;
CPI data from Germany came in slightly above expectations, even though regional data indicated slightly lower inflationary pressures. However, the small magnitude of the surprise does not cause excessive movements on the forex market.Â