Free Trial

Flash CPI and HICP (Aug 2019) Preview...>

GERMAN DATA: Flash CPI and HICP (Aug 2019) Preview - 13:00 BST
- CPI: Bbg: -0.1% m/m, 1.5% y/y; Prev (Jul): 0.5% m/m, 1.7% y/y 
- HICP: Bbg: 0.1% m/m, 1.2% y/y; Prev (Jul): 0.4% m/m, 1.1% y/y 
- MNI's analysis of state-level CPI data from the five states that have
published so far (just over 67% of national total) suggests pan-German inflation
will come in weaker than market expectations. 
- Our estimate points to CPI growth of -0.1% m/m and 1.4% y/y in Aug. 
- Annual HICP fell to a 32-month low in July, remaining below the ECB's target
throughout 2019, except for April's rebound to 2.1% 
- The Aug PMI survey shows both input and output price inflation falling further
in Aug.
-...suggesting core inflation remains subdued in the coming months

To read the full story



MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.