Germany October preliminary CPI +4.5% vs +4.4% y/y expected
Latest data released by Destatis - 28 October 2021
- Prior +4.1%
- HICP +4.6% vs +4.5% y/y expected
- Prior +4.1%
Base effects have some role to do with this amid the VAT reduction in the second half of last year but the trend across the region is undeniable as rising cost pressures and import/producer prices are also feeding through to consumer inflation now.
October 29, 2021 at 12:00AM
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