Germany Consumer Price Index (YoY) above forecasts (2.7%) in July: Actual (2.8%)

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Germany annual CPI inflation climbs to 2.8% in July vs. 2.7% expected

Annual inflation in Germany, as measured by the change in the Consumer Price Index (CPI), climbed to 2.8% in July's flash estimate from 2.3% in June. This print came in above the market expectation of 2.7%. On a monthly basis, the CPI rose 0.8%, following the 0.3% decrease recorded in June.
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