German Brandenburg CPI YoY (Jan) Y/Y 2.2% (Prev. 2.2%)
The year-over-year CPI for German Brandenburg came in at 2.2%, matching the previous figure.
[MARKET UPDATE] Spot silver has wiped out the entirety of this week's gains, currently trading at USD 101/oz
Pantheon's Vistesen writes "State CPIs in Germany coming in very hot here, at least relative to our expectations; this will be a bad day for ECB doves, by the looks of it."
German Brandenburg CPI YoY (Jan) Y/Y 2.2% (Prev. 2.2%)
Italian GDP Growth Rate YoY Adv (Q4) Y/Y 0.8% vs. Exp. 0.5% (Prev. 0.6%)
Italian GDP Growth Rate QoQ Adv (Q4) Q/Q 0.3% vs. Exp. 0.2% (Prev. 0.1%)
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This stability suggests that inflation in the region remains consistent, which may imply limited immediate pressure on the ECB's monetary policy. Traders might see this as a confirmation of the current inflation trend without any significant surprises for the upcoming economic outlook.
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