German CPI unchanged in April

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Thursday, Apr 27 2017

German CPI unchanged in April

The inflation rate in Germany as measured by the consumer price index is expected to be 2.0% in April 2017. Based on the results available so far, the Federal Statistical Office (Destatis) also reports that the consumer prices are expected to remain unchanged from March 2017. The harmonised index of consumer prices for Germany, which is calculated for European purposes, too, is expected to increase by 2.0% year on year and to remain unchanged from March 2017 in April 2017.

Earlier Spanish CPI figures were published. The estimated annual inflation in April 2017 is 2.6%, according to the an advance indicator prepared by INE. This indicator provides an advance of the CPI which, if confirmed, would Increase of three tenths in its annual rate, since in the month of March this variation was 2.3%. In this behavior, the rise in prices of tourist services Easter. The stability of electricity prices is also influenced by the Fall experienced last year.

More in this category: « US crude supplies fell by 3.6 million barrels Draghi Says Recovery Is Broad While Inflation Fails to Convince »

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