Germany July preliminary CPI +7.5% vs +7.4% y/y expected

• Prior +7.6%
• CPI +0.9% vs +0.6% m/m expected
• Prior +0.1%
• HICP +8.5% vs +8.1% y/y expected
• Prior +8.2%
• HICP +0.8% vs +0.4% m/m expected
• Prior -0.1%

The state readings earlier were mixed but evidently, the rise in consumer inflation in Germany's industrial state outweighed the drop in annual inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term elsewhere. That's not a comfortable set of figures with the EU-harmonised reading just short of the May high of 8.7% y/y. The increase in the monthly figures is also disconcerting as there will likely be a further spike come September once government subsidies expire on 31 August.