CORRECTED-MNI: Fed's Hammack-Near Or At Time To Slow Rate Cuts

MNI BRIEF: Fed's Goolsbee Sees Rates Fair Bit Lower In A Year

CANADA JOBLESS RATE +6.8% VS FORECAST +6.6%, PRIOR +6.5%

MNI China Daily Summary: Friday, December 6

MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

German Inflation Inches Upwards in Feb Flash

GERMAN DATA
MNI (London)

GERMANY FLASH HICP FEB +0.9% M/M, +5.5% Y/Y; JAN +5.1% Y/Y

FLASH CPI FEB +0.9% M/M, +5.1% Y/Y; JAN +4.9% Y/Y

  • Germany's preliminary estimates for February inflation were slightly stronger on the HICP reading, both 0.1% above the consensus forecasts.
  • The headline CPI matched market expectations, rising to +5.1% y/y from +4.0% y/y in January.
  • The German inflation rate remains high, despite reduced base effects of the temporary VAT reduction and low oil prices. Supply bottlenecks and input cost inflation remain key upwards pressures.
  • Energy prices remain the key driver of inflation, rising +22.5% Y/Y in February, up 2% from the month prior. The recent developments in the Ukraine crisis increase uncertainty surrounding price growth in the region and how the ECB may raect.
Homepagemarkets-real-timeBulletMarketsFixed Income BulletsForeign Exchange Bullets
Homepagemarkets-real-timeBulletMarketsFixed Income BulletsForeign Exchange Bullets

To read the full story

Close

Why MNI

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.