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- Germany: Inflation to pick up to 0.6% YoY in January - TDS
Germany: Inflation to pick up to 0.6% YoY in January - TDS
FXStreet reports that analysts at TD Securities (TDS) suggest that Germany’s inflation is to turn positive this month.
“We look for German inflation to pick up to 0.6% y/y in January, returning to positive territory for the first time since before the VAT cut in July.”
“There is a huge amount of uncertainty around the number though, as it's always impossible to tell how much of a change in VAT rates ends up getting passed through to consumers.”
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