The indicator monitors retail price changes for goods and services included into the consumer goods basket. The index calculation includes food and clothing prices, education expenditures, as well as prices for public health services, transportation, utility payments and leisure. The index is a monthly calculated value and is the basic indicator of the inflation rate in any country, including Germany. The index has a preliminary data and final data which are released in about 15 days after the preliminary ones.
Preliminary data have a high influence on the markets.
Effect of market
The index growth or the actual value rise exceeding the forecast is a positive sign for the Euro.
It brings a significant influence on the European cur-rency dynamics.