- Prior 7.5%
- CPI 0.3% vs 0.3% m/m expected
- Prior 0.9%
- HICP 8.8% vs 8.8% y/y expected
- Prior 8.5%
- HICP 0.4% vs 0.4% m/m expected
- Prior 0.8%
German annual inflation comes in higher in August relative to a month ago, with the monthly readings also reflecting a further increase in price pressures. This just reaffirms that inflation is staying elevated and we are likely to see a further spike for Germany again next month, so there isn't room for much comfort for the ECB.
