Germany November preliminary CPI +5.2% vs +5.0% y/y expected

Latest data released by Destatis - 29 November 2021

• Prior +4.5%
• HICP +6.0% vs +5.4% y/y expected
• Prior +4.6%

The state readings earlier already outlined the upside risks to the report and this confirms it. Well, German inflation has officially hit the 5% mark that lawmakers and policymakers were touting previously but now the question is will it keep higher from hereon.

November 30, 2021 at 01:00AM

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