A post by @FirstSquawk on X.
GERMANY (OCT) CPI EU Harmonized MoM ACTUAL: -0.1% VS -0.1% PREVIOUS;EST -0.1%
@FirstSquawk on X
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Germany’s EU-harmonized consumer price index fell 0.1% month over month in October, matching both the prior reading and the consensus estimate. The in-line result signals stable short-term price momentum in Europe’s largest economy. The harmonized measure is closely watched as an input into euro-area inflation data and European Central Bank policy expectations. With the monthly print offering no surprise, attention shifts to the year-over-year harmonized rate and upcoming eurozone aggregates for directional cues.
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