German Saxony CPI MoM (Jan) M/M 0% (Prev. 0.2%)
The German Saxony CPI showing no monthly change in January, down from a previous increase of 0.2%, suggests a potential cooling in inflation pressures within the region.
[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 Saxony CPI MoM (Jan) M/M 0% (Prev. 0.2%)
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 print could influence expectations surrounding Germany's broader CPI trends and may affect the ECB's future policy considerations, particularly in a context where inflation dynamics are closely monitored.
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