Germany annual CPI inflation rises to 2.2% in November vs. 2.3% expected
Source Fxstreet
- Annual inflation in Germany edged slightly higher in November's flash estimate.
- EUR/USD continues to fluctuate in a tight channel at around 1.0550.
Inflation in Germany, as measured by the change in the Consumer Price Index (CPI), rose to 2.2% on a yearly basis in November from 2% in September, Destatis' flash estimate showed on Thursday. This reading came in below the market expectation of 2.3%.
On a monthly basis, the CPI declined 0.2% as anticipated.
The Harmonized Index of Consumer Prices in Germany, the European Central Bank's preferred gauge of inflation, increased 2.4% on a yearly basis, matching September's reading and falling short of analysts' estimate of 2.6%.
Market reaction
EUR/USD showed no immediate reaction to these figures and was last seen losing 0.25% on the day at 1.0540.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
Bitcoin (BTC) is attempting to reclaim a crucial level as support, which could propel its price to its local range high.
Australia hands Tesla lifeline with May sales surge, struggles persist elsewhereAustralia just gave Tesla something it hasn’t had in a while—relief. The company said on Tuesday that it sold 3,897 electric vehicles in Australia in May 2025, its best monthly performance in nearly a year, according to data reported by CNBC.
Australia just gave Tesla something it hasn’t had in a while—relief. The company said on Tuesday that it sold 3,897 electric vehicles in Australia in May 2025, its best monthly performance in nearly a year, according to data reported by CNBC.
Bank of England Governor Bailey releases more aggressive monetary policy，Will the British pound continue to rise or turn around and fall?The latest International Monetary Fund (IMF) report, "World Economic Outlook," shows that the UK economy has demonstrated unexpected resilience, leading to an upward revision of the GDP growth forecast for 2025 from 1.1% to 1.2%.
The latest International Monetary Fund (IMF) report, "World Economic Outlook," shows that the UK economy has demonstrated unexpected resilience, leading to an upward revision of the GDP growth forecast for 2025 from 1.1% to 1.2%.
The GBP/JPY cross builds on the previous day's goodish rebound from the 192.75-192.70 area, or over a one-week low, and gains positive traction for the second straight day on Wednesday.
USD/CAD Price Forecast: Tests initial support near 1.3950, followed by nine-day EMAThe USD/CAD pair is retracing its recent gains registered in the previous session, trading around 1.3710 during the European hours on Wednesday. The daily chart's technical analysis suggested a persistent bearish sentiment, as the pair consolidates within the descending channel pattern.
The USD/CAD pair is retracing its recent gains registered in the previous session, trading around 1.3710 during the European hours on Wednesday. The daily chart's technical analysis suggested a persistent bearish sentiment, as the pair consolidates within the descending channel pattern.
