2018 Economic Calendar
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Germany : CPI  
Released On 8/30/2018 8:00:00 AM For Augp, 2018
PriorConsensusActual
Month over Month0.3 %0.2 %0.1 %
Year over Year2.0 %2.0 %2.0 %

Highlights
Consumer prices were provisionally a little softer than expected in August. A 0.1 percent monthly rise left the annual inflation rate at 2.0 percent, in line with its final July outturn and just a couple of ticks short of its recent peak in May.

The flash HICP was slightly weaker, posting no change versus July and a 1.9 percent 12-month rate, down from 2.1 percent last time and its lowest print since April.

The flat yearly CPI inflation rate masked a 0.2 percentage point drop in services to 1.4 percent and a 0.1 percentage point dip in food to 2.5 percent. However, declines here were offset by another rise in energy from 6.6 percent to 6.9 percent. The rate for overall goods was 2.7 percent, up from 2.6 percent while rent, excluding utilities, was steady at 1.6 percent.

Today's German results make for some limited downside risk to August Eurozone inflation (flash report tomorrow) but the signs are that the key core measures should be broadly stable.

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
 
 

2018 Release Schedule
Released On: 1/161/302/142/273/143/294/134/305/165/306/146/287/127/308/14
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Released On: 8/309/139/2710/1210/3011/1311/2912/1312/28
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