German inflation: Look for another uptick to 0.5% - TDS

Research Team at TDS, suggests that while markets are looking for German inflation to remain unchanged at 0.4% Y/Y in August, we look for another uptick to 0.5%, and would not rule out +0.6%. 

Key Quotes

“While we look for core inflation to soften a bit, we should see the drag from energy prices fade substantially to push the headline rate a bit higher.”