January 31, 2025 13:03 GMT
EUROPEAN INFLATION: German CPI in line with tracking, but HICP holds up at 2.8%Y
EUROPEAN INFLATION
German national CPI in line with the MNI tracking estimate at 2.3%Y/Y.
- However, HICP was in line with the consensus prior to this morning's soft state CPI data.
- So even though HICP is in line with the survey estimate, the market is likely to be surprised to the upside.
47 words