GERMAN DATA: Flash CPI and HICP (Dec....>

GERMAN DATA: GERMAN DATA: Flash CPI and HICP (Dec 2019) Preview - 1300 GMT

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- CPI: Bbg: 0.4% m/m, 1.4% y/y; Prev (Nov): -0.8% m/m, 1.1% y/y 

- HICP: Bbg: 0.5% m/m, 1.4% y/y; Prev (Nov): -0.8% m/m, 1.2% y/y 

- MNI's analysis of state-level CPI data from the six states that have published

so far (just below 65% of national total) suggests pan-German inflation will

come in stronger than market expectations.

- Our estimate points to CPI growth of 0.5% m/m and 1.5% y/y in Dec. 

- Annual HICP registered at 1.1% in Nov, unchanged from Oct's level and the

lowest since Feb 2018 

- Germany's flash Dec composite PMI remained unchanged at Nov's level, while the

flash services PMI rose slightly.

- The flash Dec composite PMI also shows the slowest increase in prices charged

for over three years

- CPI release for Brandenburg is scheduled for 6th of Jan (Statistik Berlin

Brandenburg)