German CPI rises 0.2% in October, up 0.8% YoY

Ani Salama FXStreet

German consumer price index is expected to rise 0.2% in October 2016 and 0.8% on annual basis, said Statistiches Bundesamt Deutschland. Market expectations were also for 0.1% MoM and 0.8% YoY.

Based on the results available so far, the Federal Statistical Office (Destatis) also reports that the consumer prices rose 0.1% in September and 0.7% YoY.

The harmonised index of consumer prices for Germany calculated for European purposes is expected to be up 0.7% year on year, versus 0.6% expected. Compared with September 2016, it is expected to be up by 0.2% (0.1% exp).

The final results for October 2016 will be released on 11 November 2016.

Author

Ani Salama

FXStreet

Ani Salama is an Economist specialized in financial markets and statistics analysis. In 2010, she joined FXstreet where she now contributes with the news section.

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