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German CPI up by 0.5% in March

Monday, Mar 30 2015
PThe inflation rate in Germany as measured by the consumer price index is expected to be 0.3% in March 2015 compared to the same month of preceding year. Based on the results available so far, the consumer prices are expected to increase by 0.5% on February 2015, which is line with market expectations. 
 
The harmonised consumer price index for Germany, which is calculated for European purposes, is expected to be up 0.1% in March 2015 on the same month a year earlier. Compared with February 2015, it is expected to be up 0.5%. 
 
After the data euro added few points and is currently being traded slightly below 1.0850 level. Pair is likely to find support around 1.08 handle and resistance above 1.09 area. Later today, in the US session, Pending Home Sales figures are scheduled for a release.
More in this category: « Net lending to individuals increased by £2.5 billion Pending Home Sales increased by 3.1% »

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