Preliminary data from Germany shows a decrease in inflation in January, with the Harmonized Consumer Price Index rising 3.1% year-on-year, lower than the expected 3.2%. The Consumer Price Index increased by 2.9% year-on-year, below the estimated 3.0%. The state of North Rhine Westphalia saw a 3.0% year-on-year increase in CPI, with a 0.3% month-on-month increase. Saxony recorded a 3.5% year-on-year CPI rise and a 0.4% month-on-month increase. Baden Wuerttemberg's year-on-year CPI was 3.2%, while Bavaria and Hesse had 2.9% and 2.2% respectively. ZEW Expectations in Switzerland for January were at -19.5, an improvement from the previous -23.7.
β οΈBREAKING: *GERMANY JANUARY CPI INFLATION RISES 2.9% Y/Y; EST. 3.0%; PREV. 3.7% *LOWEST SINCE JUNE 2021 π©πͺπ©πͺ https://t.co/XPxm1fEtmp
β οΈ GERMAN INFLATION EASES TO 3.1% IN JANUARY (Reuters) German inflation eased slightly more than expected in January to 3.1%, preliminary data from the federal statistics office showed on Wednesday, amid a drop in energy prices. German consumer prices, harmonised to compareβ¦ https://t.co/UfciHqu9gN
*GERMANY PRELIM JAN. HARMONIZED CPI RISES 3.1% Y/Y; EST. +3.2% *GERMANY PRELIM JAN. CONSUMER PRICES RISE 2.9% Y/Y; EST. +3.0%
π©πͺ Germany Brandenburg CPI (YoY) (Jan) $EUR Actual: 3.7% π΄ Expected: 4.5% Previous: 4.5%
π΄ NORTH RHINE CPI MOM ACTUAL 0.3% (FORECAST -, PREVIOUS -0.1%) $MACRO
π΄ NORTH-RHINE CPI YOY ACTUAL 3.0% (FORECAST -, PREVIOUS 3.5%) $MACRO
π΄ SAXONY CPI MOM ACTUAL 0.4% (FORECAST -, PREVIOUS 0.2%) $MACRO
π©πͺ Germany Baden Wuerttemberg CPI (MoM) (Jan) $EUR Actual: 0.2% π’ Expected: 0.1% Previous: -0.3%
π©πͺ Germany Saxony CPI (MoM) (Jan) $EUR Actual: 0.4% π’ Expected: 0.2% Previous: -0.3%
π©πͺ Germany Saxony CPI (YoY) (Jan) $EUR Actual: 3.5% π΄ Expected: 4.3% Previous: 3.9%
π©πͺ Germany North Rhine Westphalia CPI (YoY) (Jan) $EUR Actual: 3.0% π΄ Expected: 3.5% Previous: 3.5%
π©πͺ Germany North Rhine Westphalia CPI (MoM) (Jan) $EUR Actual: 0.2% π’ Expected: -0.1% Previous: -0.3%
π©πͺ Germany Baden Wuerttemberg CPI (YoY) (Jan) $EUR Actual: 3.2% π΄ Expected: 3.8% Previous: 3.4%
π©πͺ Germany Hesse CPI (MoM) (Jan) $EUR Actual: 0.0% Expected: 0.0% Previous: -0.4%
π©πͺ Germany Hesse CPI (YoY) (Jan) $EUR Actual: 2.2% π΄ Expected: 3.5% Previous: 2.9%
π¨π Switzerland ZEW Expectations (Jan) $CHF Actual: -19.5 Previous: -23.7
π©πͺ Germany Bavaria CPI (YoY) (Jan) $EUR Actual: 2.9% π΄ Expected: 3.4% Previous: 2.8%