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GERMAN DATA
MNI (London)
GERMAN DATA: Flash CPI and HICP (Oct 2019) Preview - 1300 GMT
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- CPI: Bbg: 0.0% m/m, 1.0% y/y; Prev (Sep): 0.0% m/m, 1.2% y/y 
- HICP: Bbg: 0.0% m/m, 0.8% y/y; Prev (Sep): -0.1% m/m, 0.9% y/y 
- Annual HICP fell to its lowest level - MNI's analysis of state-level CPI data
from the six states that have published so far (just over 67% of national total)
suggests pan-German inflation will come in stronger than market expectations. 
- Our estimate points to CPI growth of 0.1% m/m and 1.1% y/y in Oct. since Nov -
Annual HICP fell to its lowest level 2016 in Sep, mainly due to cooling energy
prices 
- Germany's flash Oct composite PMI report reveals a further softening of
inflationary pressures, suggesting core inflation remains subdued in the coming
months
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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