Germany: Annual CPI in flash estimate rises to 1.6% in February vs 1.5% expected

"The inflation rate in Germany as measured by the consumer price index is expected to be 1.6% in February 2019," Germany Destatis reported on Monday.

Key takeaways from the press release

• Based on the results available so far, the Federal Statistical Office (Destatis) also reports that the consumer prices are expected to increase by 0.5% on January 2019.
• In February 2019, the harmonised index of consumer prices for Germany, which is calculated for European purposes, is expected to increase by 1.7% year on year and 0.5% on January 2019.