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Germany: Inflation to hold fairly stable in July – TDS

Analysts at TD Securities are looking for German inflation to hold fairly stable in July, with core inflation unchanged at 1.1% y/y, and HICP edging a tenth lower to 2.0% y/y.

Key Quotes

“We look for headline inflation to remain at or just below 2.0% for the next few months, assuming fairly steady energy prices.”

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