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June Core CPI Accelerates to 5.8% in Flash Report

GERMAN DATA
MNI (London)
  • German prelim core CPI accelerated by 0.4pp to +5.8% y/y in June, returning to the euro-era high reached in March and April.
  • We had flagged a possible half-point uptick in core CPI for June earlier this morning (see here).
  • Destatis does not normally post a flash core CPI print.

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