February 2017 German HICP flash 2.2% vs 2.1% exp y/y

February 2017 German HICP and CPI flash data report 1 March 2017

• 
  
  Prior 1.9%
  
  


• 0.6% vs 0.6% exp m/m. Prior -0.8%


• CPI 2.2% vs 2.1% exp y/y. Prior 1.9%


• 0.7% vs 0.6% exp m/m. Prior -0.6%

Not a surprise to see it beating expectations. HICP now matches highs last seen in Aug 2012.

Unfortunately we don"t get any core numbers but we can see by the CPI details provided that prices are gaining across the board. Just ignore it though ;-)

The euro celebrates the data by trying the lows once again.

German HICP y/y

February 2017 German HICP flash 2.2% vs 2.1% exp y/y
February 2017 German HICP flash 2.2% vs 2.1% exp y/y
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