German Inflation Rate MM Prel (Dec) 0.00% vs. Exp. 0.2% (Prev. -0.2%)
Newsquawk Staff · Newswires ·
German Inflation Rate MM Prel (Dec) 0.00% vs. Exp. 0.2% (Prev. -0.2%)
What it means
The preliminary German inflation rate for December came in at 0.00%, missing expectations of 0.2% and reversing a previous decline of -0.2%. This unexpected flat reading could suggest subdued price pressures, which may have implications for the ECB's rate path, as it raises questions about inflation sustainability in the Eurozone.
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- German CPI Prel (Oct YY) 2.8% vs. Exp. 3% (Prev. 3.3%); Core 2.1% (Prev. 2.4%)
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