Germany October final CPI +4.5% vs +4.5% y/y prelim

Latest data released by Destatis - 10 November 2021

  • HICP +4.6% vs +4.6% y/y prelim

The preliminary report can be found here. No change to the initial estimates as this just reaffirms rising price pressures in the German economy going into year-end. The trend should continue through to early next year, so that is pretty much the baseline now.

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