2017 Economic Calendar
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Germany : CPI  
Released On 3/14/2017 3:00:00 AM For Feb(f), 2017
PriorConsensusActual
Month over Month0.6 %0.6 %0.6 %
Year over Year2.2 %2.2 %2.2 %

Highlights
The provisional data were unrevised in the final estimate of consumer prices in February. The CPI still shows a 0.6 percent monthly rise and a 2.2 percent annual inflation rate, up from 1.9 percent at the start of the year.

The final HICP similarly matched its flash print with a 0.7 percent increase versus January and also a 2.2 percent yearly rate, three ticks above the previous period's outturn.

The rise in the annual CPI inflation rate was largely due to the more volatile basket categories. Hence, food and alcoholic drinks saw their yearly increase climb from 3.0 percent to 4.1 percent while energy gained 1.3 percentage points to 7.2 percent. Elsewhere inflation rates were much more stable.

The unrevised CPI data leave intact the upward trend in the headline yearly inflation rate that began back in May last year. The rise in the underlying rate has been less marked but still enough to suggest that capacity issues are having an increasingly important effect. Should the real economy have a good year, the Bundesbank will probably want to see a significantly less accommodative monetary policy from the ECB.

Definition
The consumer price index (CPI) is a measure of the average price level of a fixed basket of goods and services purchased by consumers. Monthly and annual changes in the CPI provide widely used measures of inflation. A provisional estimate, with limited detail, is released about two weeks before the final data are reported.  Why Investors Care
 
 

2017 Release Schedule
Released On: 1/31/181/302/143/13/143/304/134/275/125/306/146/297/137/28
Release For: DecDecJanJanFebFebMarMarAprAprMayJunMayJunJul
 
Released On: 8/118/309/139/2810/1310/3011/1411/2912/1312/29
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