2017 Economic Calendar
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Germany : CPI  
Released On 9/13/2017 2:00:00 AM For Aug(f), 2017
PriorConsensusActual
Month over Month0.1 %0.1 %0.1 %
Year over Year1.8 %1.8 %1.8 %

Highlights
There were no revisions to the August flash CPI in the final data. Prices are still shown edging 0.1 percent higher on the month for a 1.8 percent annual inflation rate, up from 1.7 percent in the final July report and a 4-month high.

The flash HICP was similarly unrevised leaving a 0.2 percent monthly increase and a also a 1.8 percent yearly gain, up 3 ticks from its final mark in the previous month.

The modest monthly advance in consumer prices was driven by energy (0.5 percent), transport (0.4 percent) and a seasonal bounce in clothing and shoes (2.5 percent). Food (minus 0.2 percent), furnishings and household equipment (minus 0.2 percent) and recreation and leisure (minus 0.4 percent) provided the main offsets. Excluding food and energy, prices were 0.1 percent firmer versus July but, at 1.6 percent, their annual rate was a tick short of last time.

The final CPI data confirm that the headline increase in inflation last month was attributable to the more volatile basket components. Still, the underlying rate would seem to be on a slowly rising trend and a robust household sector and building pressure on capacity point to more of the same to come.

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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