All German flash inflation indicators for February fell short of expectations. Germany’s Consumer Price Index (CPI) rose by 12.%. It was expected to record a year over year rise of 1.3% in February, like in January. Month over month, prices rose 0.5%, and they expected to rise by 0.6% after a drop of 0.6% beforehand. The harmonized figure rose 0.5% and it was expected to rise 0.7% m/m after -0.7% beforehand and 1.1%. The yearly HICP fell from 1.2% to 1%, below 1.1% expected. Early releases from the various German states came out below expectations. The yearly figures are more important for the ECB. This implies a weaker euro-area CPI tomorrow. EUR/USD was trading steadily at 1.3655, getting used to the low ground it dropped to as the crisis in the Ukraine aggravated and as US data came out better than expected. The pair is marginally weaker. It seems that the early releases from the states already lowered expectations. More data: goods price rises fell to 0.6% from 0.8%. Energy inflation is digging deeper in lower ground at -2.7% after 1.8% beforehand. The flash figures for Germany precede the flash figures for the whole euro-zone for February, which are due tomorrow. They have a critical impact on the ECB’s decision in March. See how to trade the EZ CPI with EUR/USD. Will Mario Draghi announce a negative deposit rate in March? Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Forex News Today: Daily Trading News share Read Next US core durable goods orders exceed expectations – USD Yohay Elam 8 years All German flash inflation indicators for February fell short of expectations. Germany's Consumer Price Index (CPI) rose by 12.%. It was expected to record a year over year rise of 1.3% in February, like in January. Month over month, prices rose 0.5%, and they expected to rise by 0.6% after a drop of 0.6% beforehand. The harmonized figure rose 0.5% and it was expected to rise 0.7% m/m after -0.7% beforehand and 1.1%. The yearly HICP fell from 1.2% to 1%, below 1.1% expected. Early releases from the various German states came out below expectations. The yearly figures are more… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
