Germany July final CPI +2.3% vs +2.3% y/y prelim

  • Latest data released by Destatis - 9 August 2024
  • Prior +2.2%
  • HICP +2.6% vs +2.6% y/y prelim
  • Prior +2.5%

Core annual inflation remains at 2.9% so the ECB will definitely be hoping for more progress in the coming months to keep up with their rate cut cycle.

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