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German CPI expected to increase by 0.3%

Wednesday, Nov 29 2017
German CPI expected to increase by 0.3%

The inflation rate in Germany as measured by the consumer price index is expected to be 1.8% in November 2017. Based on the results available so far, the Federal Statistical Office (Destatis) also reports that the consumer prices are expected to increase by 0.3% on October 2017.

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

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