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27 Feb 2015
German preliminary CPI up next - RBS
FXStreet (Bali) - Preliminary inflation data are released in Germany, with RBA noting that indicators indicators have broadly outperformed recently.
Key Quotes
"Preliminary inflation data are released in Germany, where economic indicators released over the past month have broadly outperformed."
"Several measures of confidence, including the GfK measure released this morning, increased more than anticipated in February, and the fourth quarter GDP surprised on the topside."
"A modest bounce-back in monthly CPI is unlikely to pull the headline CPI out of deflationary territory, but the pickup would be consistent with ECB President Draghi’s comments yesterday, when he noted that the ECB has already seen some positive effects from monetary policy stimulus."
Key Quotes
"Preliminary inflation data are released in Germany, where economic indicators released over the past month have broadly outperformed."
"Several measures of confidence, including the GfK measure released this morning, increased more than anticipated in February, and the fourth quarter GDP surprised on the topside."
"A modest bounce-back in monthly CPI is unlikely to pull the headline CPI out of deflationary territory, but the pickup would be consistent with ECB President Draghi’s comments yesterday, when he noted that the ECB has already seen some positive effects from monetary policy stimulus."