Tin tức thị trường
29.08.2024

Germany’s annual CPI climbs 1.9 per cent in August

Germany's Federal Statistical Office (Destatis) reported on Thursday the country’s consumer price index (CPI) is estimated to drop 0.1 per cent m-o-m in August after increasing 0.3 per cent m-o-m in July. That would mark the first monthly decrease in the index since November 2023 (-0.4 per cent m-o-m). 

On a y-o-y basis, Germany’s CPI is seen to climb 1.9 per cent in August, following a 2.3 per cent surge in the previous month. That would be the weakest annual increase since March 2021 (+1.8 per cent). 

Economists had predicted CPI would rise by 0.1 per cent m-o-m and by 2.1 per cent y-o-y in August.

The harmonized index of consumer prices for Germany (HICP), which is calculated for European purposes, is estimated to decline by 0.2 per cent m-o-m and soar by 2.0 per cent y-o-y (the least since March 2021 (+2.0 per cent y-o-y)). Economists had forecast a flat m-o-m performance and a 2.3 per cent y-o-y surge for August. In July, the German HICP jumped by 0.5 per cent m-o-m and 2.6 per cent y-o-y.

Xem thêm