Germany September preliminary HICP +4.1% vs +4.0% y/y expected 0 (0)

Latest data released by Destatis – 30 September 2021
– +3.4%
– CPI +4.1% vs +4.2% y/y expected
– Prior +3.9%
This fits with expectations laid out by the state readings earlier, as outlined . In any case, it just reaffirms a further rise in German annual inflation (even if the month-on-month readings were not as drastic). Base

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ECB’s Centeno: Inflation spike still regarded as temporary 0 (0)

Remarks by ECB policymaker, Mario Centeno
As much as policymakers are still trying to reassure that team ‚transitory‘ is right, persistent supply chain disruptions through to next year will continue to pose a big problem to the narrative or definition of what is supposed to be „temporary“.

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