After strong UK GDP, time now for German CPI - TDS

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 28, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Delhi) – Research Team at TDS, suggests that based on the German regional CPI releases this morning, it looks like German headline HICP will come in at market consensus of 0.4% y/y.

    Key Quotes

    “Results were fairly consistent across the German states, with a small acceleration in annual inflation across most regions. When we dig into the regional details, it looks like energy prices are having slightly less of a drag than we initially expected.

    UK: As widely expected, GDP posted a gain of 0.5% q/q in 2015Q4, bringing annual growth for the year as a whole to 2.2%. This relatively healthy reading masks a significant adjustment currently underway at the sectoral level, principally caused by a relatively strong GBP in recent years. Reflecting this adjustment, production in 15Q4 fell 0.2% q/q (and construction fell 0.1% q/q), while services rose 0.7% q/q. Released alongside the GDP report, November’s Index of Services posted an as-expected 0.2% m/m gain.”
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