That's a much higher reading than estimated as German monthly inflation climbs by 0.4%, compared to 0.3% expected in December. The more pressing concern is that core annual inflation is seen moving up for yet another month, now up to 3.1%. For some context, it was at 2.7% back in September. Stagflation much?
This article was written by Justin Low at www.forexlive.com. Read More Details
Finally We wish PressBee provided you with enough information of ( Germany December preliminary CPI +2.6% vs +2.4% y/y expected )
Also on site :
- Vacaville carjacking suspects arrested in Fairfield; suspect shot by police
- See photos of Jeff Bezos spanking bride-to-be Lauren Sánchez while lounging on $500M superyacht
- Oil has jumped on the CNN report Israel is planning to attack Iran nuclear facilities