- +2.2% ahead
- HICP +2.9% vs +2.6% y/y expected
- +2.4% ahead
That's a much higher reading than expected as German monthly inflation is up 0.4%, compared to 0.3% expected in December. The most important concern is to see annual core inflation move up for another month, now up to 3.1%. For some context, it was at 2.7% back in September. Much stagflation?
This article was written by Justin Low at www.forexlive.com.
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