• German CPI higher than forecasts supporting euro

Market news

28 July 2016

German CPI higher than forecasts supporting euro

The inflation rate in Germany as measured by the consumer price index is expected to be +0.4% in July 2016. Based on the results available so far, the Federal Statistical Office (Destatis) also reports that the consumer prices are expected to increase by 0.3% on June 2016. The harmonised index of consumer prices for Germany, which is calculated for European purposes, is expected to be up 0.4% in July 2016 year on year. Compared with June 2016, the increase is expected to be 0.4%, too.

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