HICP in Germany fell to -0.5% on a yearly basis in September. EUR/USD remains depressed near 1.1700 after the data. Inflation in Germany, as measured by the Consumer Price Index (CPI), was 0.1% (preliminary) in September, the data published by Destatis showed on Thursday. This reading followed August’s print of -0.2% and came in higher than the market expectation of 0%. On a yearly basis, the CPI stayed unchanged at -0.2%. Further details of the publication revealed that the Harmonized Index of Consumer Prices (HICP), the European Central Bank’s (ECB) preferred gauge of inflation, declined to -0.5% in September from -0.4% on a yearly basis. This print missed analysts’ estimate of -0.4%. Market reaction The EUR/USD pair showed no immediate reaction to this data as investors wait for the European Central Bank President Christine Lagarde to deliver her remarks on the policy outlook. As of writing, the pair was down 0.37% on the day at 1.3700. 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 USD/CAD rallies to 1-month tops, fast approaching 1.3400 mark FX Street 2 years HICP in Germany fell to -0.5% on a yearly basis in September. EUR/USD remains depressed near 1.1700 after the data. Inflation in Germany, as measured by the Consumer Price Index (CPI), was 0.1% (preliminary) in September, the data published by Destatis showed on Thursday. This reading followed August's print of -0.2% and came in higher than the market expectation of 0%. On a yearly basis, the CPI stayed unchanged at -0.2%. Further details of the publication revealed that the Harmonized Index of Consumer Prices (HICP), the European Central Bank's (ECB) preferred gauge of inflation, declined to -0.5% in September from -0.4% on… Top 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.
