Ekonomické zprávy

Germany: Annual HICP rises to 5.5% in February versus 5.4% expected

  • Annual HICP was a tad higher than expected in February at 5.5%. 
  • The euro didn't react, with focus much more on geopolitics right now. 

German HICP inflation rose to 5.5% YoY in February, slightly above the 5.4% expected and up from January's 5.1% reading, according to a preliminary estimate released by Destatis on Tuesday. MoM, HICP inflation came in at 0.9%, slightly above the 0.8% expected and in line with January's 0.9% MoM reading. 

Headline German CPI, meanwhile, rose slightly to 5.1% YoY from 4.9% in January, in line with expectations. The MoM pace of CPI was also in line with expectations at 0.9%, up from 0.4% in January. 

Market Reaction

With focus very much on geopolitics right now as opposed to economic data, the broadly as expected German inflation figures haven't impacted the euro at all. 

Podívejte se také