German North Rhine Westphalia CPI MoM (Jan) M/M 0.1% (Prev. 0%)
The German North Rhine Westphalia CPI data showing a month-on-month increase of 0.1% suggests a modest uptick in consumer prices compared to the previous month, which registered no change.
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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 North Rhine Westphalia CPI MoM (Jan) M/M 0.1% (Prev. 0%)
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 slight rise could indicate underlying inflation pressures in the region and may have implications for broader Eurozone inflation trends, influencing ECB policy expectations going forward.
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