Germany September preliminary CPI +10.0% vs +9.4% y/y expected

• Prior +7.9%
• CPI +1.9% vs +1.3% m/m expected
• Prior +0.3%
• HICP +10.9% vs +10.0% y/y expected
• Prior +8.8%
• HICP +2.2% vs +1.3% m/m expected
• Prior +0.4%

And there we have it, double-digit 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 in Europe's biggest economy. The upside risk to the report was already well documented by the big surges in the state readings earlier. If you're wondering about what is causing the jump, a big part of that is due to the fact that government subsidies wore off at the end of August (warned about last month here).

It's a disastrous figure for the ECB to be dealing with and a cap on gas prices is arguably the only solution to really address the problem in a more immediate fashion. But we all know very well the pace in which lawmakers in Europe work with.