German HICP in focus today – Nomura

Sandeep Kanihama FXStreet Contributor

Analysts at Nomura are forecasting Germany August’s HICP inflation at 2.0% y-o-y, while they expect euro area aggregate HICP inflation to increase by 2.0% on a y-o-y basis, compared with 2.1% in July.

Key Quotes

“At the euro area level, support from energy price increases should weaken from last month, while we expect price inflation of the core components of 1.1% y-o-y, unchanged compared with July.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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