Germany February preliminary CPI +1.3% vs +1.2% y/y expected

Author: Justin Low | Category: News

Latest data released by Destatis - 1 March 2021


  • Prior +1.0%
  • CPI +0.7% vs +0.5% m/m expected
  • Prior +0.8%
  • HICP +1.6% vs +1.6% y/y expected
  • Prior +1.6%
  • HICP +0.6% vs +0.5% m/m expected
  • Prior +1.4%
This fits with expectations from the state readings earlier, as German inflation ticks a little higher in February. Base effects and higher input cost inflation are also part of the story here, so that sort of distorts the true nature of the rise.

Expect a more choppy (and potentially higher) trend in 1H 2021 but policymakers at the ECB should continue to brush that aside as they have done so far this year.
Invest in yourself. See our forex education hub.

By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose