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Germany annual CPI inflation edges higher to 2.3% in July vs. 2.2% expected
The post Germany annual CPI inflation edges higher to 2.3% in July vs. 2.2% expected appeared on BitcoinEthereumNews.com. CPI in Germany rose 2.3% on a yearly basis in July. EUR/USD continues to fluctuate in a tight range above 1.0800. Inflation in Germany, as measured by the change in the Consumer Price Index (CPI), rose to 2.3% on a yearly basis in July from 2.2% in June. This reading came in above the market expectation of 2.2%. On a monthly basis, the CPI rose 0.3% following the 0.1% rise recorded in June. The Harmonized Index of Consumer Prices, the European Central Bank’s preferred gauge of inflation, rose 2.6% on a yearly basis, up from 2.5% in June and above analysts’ estimate of 2.4%. Market reaction EUR/USD showed no reaction to these figures and was last seen trading little changed on the day at 1.0825. Source: https://www.fxstreet.com/news/germany-annual-cpi-inflation-edges-higher-to-23-in-july-vs-22-expected-202407301205
The post Germany annual CPI inflation edges higher to 2.3% in July vs. 2.2% expected appeared on BitcoinEthereumNews.com.
CPI in Germany rose 2.3% on a yearly basis in July. EUR/USD continues to fluctuate in a tight range above 1.0800. Inflation in Germany, as measured by the change in the Consumer Price Index (CPI), rose to 2.3% on a yearly basis in July from 2.2% in June. This reading came in above the market expectation of 2.2%. On a monthly basis, the CPI rose 0.3% following the 0.1% rise recorded in June. The Harmonized Index of Consumer Prices, the European Central Bank’s preferred gauge of inflation, rose 2.6% on a yearly basis, up from 2.5% in June and above analysts’ estimate of 2.4%. Market reaction EUR/USD showed no reaction to these figures and was last seen trading little changed on the day at 1.0825. Source: https://www.fxstreet.com/news/germany-annual-cpi-inflation-edges-higher-to-23-in-july-vs-22-expected-202407301205
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