German CPI increased by 0.1%

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Thursday, Sep 28 2017

German CPI increased by 0.1%

The inflation rate in Germany as measured by the consumer price index is expected to be 1.8% in September 2017. Based on the results available so far, the Federal Statistical Office (Destatis) also reports that the consumer prices are expected to increase by 0.1% on August 2017. In September 2017, the harmonised index of consumer prices for Germany, which is calculated for European purposes, is expected to increase by 1.8% year on year and to remain unchanged on August 2017.

Earlier today, Spanish CPI figures were released. The estimated annual inflation of the CPI in September 2017 is 1.8%, according to the an advance indicator prepared by INE. This indicator provides an advance of the CPI which, if confirmed, would increase of two tenths in its annual rate, since in the month of August this variation was of 1.6%. In this behavior, the rise in food and non-food prices alcoholic beverages, which declined in 2016. On the other hand, the annual variation of the leading indicator of the HICP the 1.9%. If this data is confirmed, the annual rate of the HICP would decrease by one tenth last month.

More in this category: « Pending Home Sales fell by 2.6% US GDP grew by 3.1% in Q2 »

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