Final CPI in Germany confirms preliminary annual figure of 2.3% compared to 2.4% previously
Bankinter | A slight moderation in German inflation in October is confirmed. The final CPI confirms the preliminary figure of 2.3% (year-on-year) against 2.4% previously. Wholesale Price Index 1.1% in October (year-on-year) against 1.2% previously. Analysis team’s view: Inflation moderates slightly, moving towards the ECB’s target (2%). We do not expect any changes in ECB rate expectations, so it should have a neutral impact on stocks and bonds.
Read More
