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Germany: Annual CPI unchanged at 0.8% in September

FXStreet (Łódź) - According to preliminary data released today by Destatis, German annual inflation was unchanged from the previous month at 0.8% in September, as expected. On a monthly basis German CPI remained flat at 0%, against forecasts of dropping 0.1%.

Year-over-year German HICP remained at 0.8%, above forecasts of +0.7%. Month-on-month HICP was steady at 0%, against expectations of -0.1%.

Germany Harmonised Index of Consumer Prices (YoY) above forecasts (0.7%) in September: Actual (0.8%)

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EUR/USD hovers around 1.2700

EUR/USD has recovered some ground and is trading back above 1.2700 after hitting fresh cycle lows during the European session.
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