Germany: Consumer prices are expected to rise 1.5% in May 2017

Eren Sengezer FXStreet

According to the preliminary results, the inflation rate in Germany as measured by the consumer price index is expected to be 1.5% in May 2017. Based on the results available so far, the Federal Statistical Office (Destatis) also reports that the consumer prices are expected to decrease by 0.2% on April 2017.

In May 2017, the harmonised index of consumer prices for Germany, which is calculated for European purposes, is expected to increase by 1.4% year on year and to decrease by 0.2% on April 2017.
The final results for May 2017 will be released on 14 June 2017.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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