2017 Economic Calendar
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Germany : CPI  
Released On 4/13/2017 2:00:00 AM For Mar(f), 2017
PriorConsensusActual
Month over Month0.2 %0.2 %0.2 %
Year over Year1.6 %1.6 %1.6 %

Highlights
The final CPI data for March showed no revision to the flash report. Prices rose 0.2 percent on the month to reduce the annual inflation rate by fully 0.6 percentage points to 1.6 percent.

The final HICP was similarly unrevised with a 0.1 percent monthly increase and 1.5 percent yearly gain, down from 2.2 percent in February.

However, the deceleration in both annual rates was heavily influenced by the effects of an early Easter in 2016 which biased down the yearly change in prices last month. This was particularly apparent in package holiday charges which were some 7.1 percent weaker on the year. Energy, where annual inflation fell from 7.2 percent to 5.1 percent, also had a negative effect and excluding this category, a 0.3 percent monthly rise in the CPI saw the annual core rate dip a slightly smaller 0.5 percentage points to 1.2 percent.

The full effects of Easter will not be apparent until the April data are available when most, if not all, of March's deceleration should be unwound.

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
Release For: JulAugAugSepSepOctOctNovNovDec
 


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