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Germany June CPI +2.2% vs +2.3% y/y expected

2024-12-30FOREXLIVEFOREXLIVE
Latest data released by Destatis - 1 July 2024
DECPI
  • Prior +2.4%
  • CPI +0.1% vs +0.2% m/m expected
  • Prior +0.1%
  • HICP +2.5% vs +2.6% y/y expected
  • Prior +2.8%
  • HICP +0.2% vs +0.2% m/m expected
  • Prior +0.2%

Slight delay in the release by the source. This fits with estimates from the state readings earlier here. Core annual inflation is seen easing a touch to 2.9%, after having held at 3.0% in April and May. It's progress I guess, but a very gradual one.

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