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Germany : CPI  
Released On 12/29/2017 8:00:00 AM For Dec(p), 2017
PriorConsensusActual
Month over Month0.3 %0.5 %0.6 %
Year over Year1.8 %1.5 %1.7 %

Highlights
Consumer prices provisionally rose 0.6 percent on the month in December. This was a little firmer than expected but, with base effects negative, still soft enough to see the annual inflation rate drop 0.1 percentage points to 1.7 percent. This reversed half of November's gain.

The flash HICP was up a larger 0.8 percent on the month but an even sharper increase in December 2016 made for a 0.2 percentage point decline in its yearly rate to 1.6 percent.

The dip in the annual CPI rate was largely due to energy, where inflation fell from 3.7 percent to 1.3 percent, and, to a lesser extent, food, where the rate eased a couple of ticks to 3.0 percent. Overall goods inflation decreased from 2.1 percent to 1.8 percent while services saw a 0.1 percentage point increase to 1.6 percent.

Today's data suggest little change in underlying German inflation this month which, in turn, increases the likelihood of a broadly stable core rate of the Eurozone as a whole.

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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