Germany July final CPI +6.2% vs +6.2% y/y prelim

  • Latest data released by Destatis - 8 August 2023
  • HICP +6.5% vs +6.5% y/y prelim

No change to the initial estimates but bear in mind that the annual reading might be a little distorted due to dampening effects (government measures to curb inflation) from June to August last year. Overall, core annual inflation stands at 5.5%.

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