- Analytics
- News and Tools
- Market News
- Germany: Annual HICP declines to 8.2% in June vs. 8.8% expected
Germany: Annual HICP declines to 8.2% in June vs. 8.8% expected
- HICP inflation in Germany declined unexpectedly in June.
- EUR/USD continues to fluctuate above 1.0500 after the data.
Inflation in Germany, as measured by the Harmonised Index of Consumer Prices (HICP), declined to 8.2% on a yearly basis in June's flash estimate from 8.7% in May. This print came in lower than the market expectation of 8.8%. On a monthly basis, HICP declined by 0.1%.
Similarly, the annual Consumer Price Index (CPI) declined to 7.6% from 7.9% in the same period, compared to analysts' estimate of 8%.
Market reaction
The EUR/USD pair showed no immediate reaction to these figures and was last seen trading flat on the day at 1.0522.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
