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Germany: Annual CPI increases 2% in October, as expected

By FXstreet.com,  November 09, 2012, 02:14:00 AM EDT

FXstreet.com (Barcelona) - According to data released today by Destatis, German annual inflation rose 2% in October, following 2% growth registered the previous month. This result is in line with analysts' forecasts. On a monthly basis German CPI remained unchanged for the second consecutive month in October, as expected.

Year-over-year German HICP rose 2.1% in October, following 2.1% growth in September, as expected. On a monthly basis HICP remained unchanged for the second running month in October, against expectations of a 0.1% rise.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Forex and Currencies

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