Analysts at TD Securities (TDS) provide a snippet on what they expect from the upcoming German and Eurozone inflation data.

Key quotes

“While headline inflation in Germany and the euro area likely fell due to a decline in petrol prices and lower electricity inflation, another increase in core inflation should keep the pressure on the ECB.”

“Looking ahead, headline inflation should start to come down faster in 2023 due to base effects and government subsidies, such as the electricity and gas brakes in Germany.”