German CPI unchanged in October

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Monday, Oct 30 2017

German CPI unchanged in October

The inflation rate in Germany as measured by the consumer price index is expected to be 1.6% in October 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 September 2017.

Earlier today, Spanish CPI figures were released. According to the flash estimate issued by the INE, the annual inflation of the CPI in October 2017 is 1.6%. This indicator provides a preview of the CPI that, if confirmed, would imply a decrease of two tenths in the annual rate, since in September this change was 1.8%. This behaviour highlights the increase in prices of fuels (diesel and gasoline/petrol) lower than that of October 2016. In turn, the annual variation of the flash estimate of the HICP in October stands at 1.7%.

More in this category: « UK Mortgage Approvals fell to 66,232 UK Consumer Confidence down one point in October »

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