2017 Economic Calendar
POWERED BY  econoday logo
U.S. & Intl Recaps   |   Event Definitions   |   Today's Calendar   |   

Germany : CPI  
Released On 11/14/2017 2:00:00 AM For Oct(f), 2017
PriorConsensusActual
Month over Month0.0 %0.0 %0.0 %
Year over Year1.6 %1.6 %1.6 %

Highlights
Consumer prices were unrevised in the final data for October. An unchanged reading on the month saw the annual inflation rate dip a couple of ticks to 1.6 percent, its first decline and matching its lowest print since May.

The flash HICP was similarly unrevised and so still shows a 0.1 percent decrease on the month and a 1.5 percent yearly rate, down 0.3 percentage points from its final September mark.

Significantly, core inflation was notably soft. Hence, excluding household energy the yearly rate dipped from 1.7 percent to 1.6 percent while without food and energy it shed fully 0.3 percentage points to just 1.2 percent. The weakness here should prove only temporary but is all the more surprising coming in the midst of what appears to be a surprisingly robust economic recovery (see today's GDP calendar entry).

The lack of any revision to the headline data rules out any implications for the final Eurozone HICP report due later today. Even so, the ECB will be less than pleased about the decline in the underlying German rate. Achieving its near-2 percent inflation target still looks some way away.

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
 


powered by  [Econoday]