Prior +5.1% CPI +2.5% vs +1.6% m/m expected Prior +0.9% HICP +7.6% vs +6.7% y/y expected Prior +5.5% HICP +2.5% vs +1.8% m/m expected Prior +0.9% Up, up, and away. German inflation
Inflation
Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m
Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m
Read this Term here . The headline reading is the highest since 1981.
It's a brutal set of numbers and this will provide little comfort to both consumers and the ECB. We know that the Russia-Ukraine war has exacerbated underlying conditions but this is rather vicious. Just be wary that even the month-on-month readings are showing strong increases over the past few months, so this isn't so much your "base effect" issue. The details:
