According to the advanced estimate published by the Destatis, inflation in Germany, as measured by the Consumer Price Index (CPI), rose to 0.5% on a monthly basis in July from 0.3% in June and surpassed the market expectation of 0.3%. On a yearly basis, the CPI rose to 1.7% and beat analysts’ estimate of 1.5%. Further details of the report revealed that the harmonized CPI slumped to 1.1% annually from 1.5% and came in worse than market consensus of 1.3%. With the initial reaction, the EUR/USD pair inched higher and was last seen trading at 1.1155, adding 0.08% on the day. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Ripple price analysis: XRP/USD gets a mega boost towards $0.32 FX Street 4 years According to the advanced estimate published by the Destatis, inflation in Germany, as measured by the Consumer Price Index (CPI), rose to 0.5% on a monthly basis in July from 0.3% in June and surpassed the market expectation of 0.3%. On a yearly basis, the CPI rose to 1.7% and beat analysts' estimate of 1.5%. Further details of the report revealed that the harmonized CPI slumped to 1.1% annually from 1.5% and came in worse than market consensus of 1.3%. With the initial reaction, the EUR/USD pair inched higher and was last seen trading at 1.1155, adding 0.08% on… 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.
