German Inflation Rate Drops to 11-Month Low

Germany's annual inflation rate is expected to ease further to 1.4 percent in January 2019 from 1.7 percent in the previous month and below market expectations of 1.6 percent. This would be the lowest inflation rate since February.

The German statistical office, Destatis, failed to give any further details about January's CPI figures and will publish its final results with a new base year on February 21st.

On a monthly basis, consumer prices are set to fall 0.8 percent in January, following a 0.1 percent gain in December and compared to market consensus of a 0.9 percent decline.

The harmonised index of consumer prices is expected to rise by 1.7 percent from the previous year; and to drop by 1 percent month-over-month.

German Inflation Rate Drops to 11-Month Low

Destatis | Joana Ferreira |
1/30/2019 1:14:35 PM