German Saxony CPI MoM (Dec) 0.2% M/M (Prev. -0.2% )

Newsquawk Staff · Newswires · 6 Jan 2026, 09:20 UTC

What it means

The December CPI for German Saxony has come in at 0.2% MoM, reversing the previous -0.2% reading, which indicates a potential stabilization in consumer prices and may alleviate deflationary concerns. This modest increase could support a more hawkish outlook for the ECB if broader trends reflect similar upward movements across Germany, impacting EUR sentiment and rate expectations.

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US Market Open, 6 Nov, 10:48 UTC · what it led with

APAC stocks were pressured; KOSPI slumped 6% following hefty losses in Samsung and SK Hynix.
USD is firmer against all G10 peers awaiting the US NFP report.

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ECB President Lagarde (Q&A) says policymakers believe they are in a good position to wait for incoming information. The situation they are in could have warranted a hike.
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