Viere
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Most important economic news for today:
German Consumer Price Index (YoY) will be released at 12:00 server time. Market impact: High (EUR). Previous number: 1.8%. Forecast number: 1.7%.
This index assesses changes in the cost of living by measuring changes in the prices of consumer items. The CPI is the headline inflation figure that indicates the strength of domestic inflationary pressures. Simply put, inflation reflects a decline in the purchasing power of the Euro in Germany, where each Euro buys fewer goods and services. CPI is the most popular way to measure changes in purchasing power.