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EUROPEAN INFLATION: IFO Price Expectations Broadly Unchanged in February

EUROPEAN INFLATION
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IFO price expectations in Germany remained broadly unchanged in February, at 19.4 points, from January's 19.5.

  • "For service providers, the indicator fell to 24.0 points, down from 32.2 points in January... price pressure is easing somewhat for consumer-related service providers (26.9 points, down from 27.5 points)", IFO comments.
  • "In the retail sector, price expectations rose to 33.2 points, up from 30.5 points in January. This was mainly due to trade in food and beverage (46.6 points, up from 39.6 points), while price plans in the rest of the retail sector remained unchanged at 32.9 points."
  • German February HICP is scheduled to be released tomorrow 13:00 GMT, with focus on the state-level data earlier that morning. For more detailed analysis, find the full MNI EZ inflation preview here.
Chart: Price Expectations of Companies, ifo Business Survey, February 2025
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IFO price expectations in Germany remained broadly unchanged in February, at 19.4 points, from January's 19.5.

  • "For service providers, the indicator fell to 24.0 points, down from 32.2 points in January... price pressure is easing somewhat for consumer-related service providers (26.9 points, down from 27.5 points)", IFO comments.
  • "In the retail sector, price expectations rose to 33.2 points, up from 30.5 points in January. This was mainly due to trade in food and beverage (46.6 points, up from 39.6 points), while price plans in the rest of the retail sector remained unchanged at 32.9 points."
  • German February HICP is scheduled to be released tomorrow 13:00 GMT, with focus on the state-level data earlier that morning. For more detailed analysis, find the full MNI EZ inflation preview here.
Chart: Price Expectations of Companies, ifo Business Survey, February 2025