2017 Economic Calendar
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Germany : CPI  
Released On 9/28/2017 8:00:00 AM For Sep(p), 2017
PriorConsensusActual
Month over Month0.1 %0.2 %0.1 %
Year over Year1.8 %1.8 %1.8 %

Highlights
Provisional consumer prices were just slightly weaker than expected in September. However, a 0.1 percent monthly increase was still enough to hold the annual inflation rate unchanged at 1.8 percent, matching both the market consensus and its highest reading since April.

The flash HICP was flat at its August level, in turn leaving its yearly rate steady at also 1.8 percent.

Not so promisingly, the stability of the annual CPI reading masked positive effects from both food and energy, the rate for the former up from 3.0 percent to 3.6 percent and for the latter from 2.3 percent to 2.7 percent. Overall goods inflation climbed 0.2 percentage points to 2.2 percent but services were only flat at 1.6 percent and rent, excluding utilities stable at 1.7 percent.

Today's German report increases the chances that tomorrow's full Eurozone release could show the region's core inflation edging a tick softer. This would probably not be enough to dissuade the ECB from a monetary recalibration next month but it would bolster the likelihood of any QE tapering being only mild.

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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