MoM Change in Revised Consumer Price Index (CPI) in Germany
Germany| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The month-over-month Consumer Price Index (CPI, revised) measures how the prices of goods and services purchased by consumers in Germany have changed compared to the previous month. This data, released monthly by the Federal Statistical Office (Destatis), represents the final revised figures based on initial preliminary estimates.
Month-over-month data helps understand short-term inflationary trends. If the CPI is increasing, it indicates rising inflationary pressures, which can lead to a decrease in consumer purchasing power. Conversely, if the CPI is decreasing, it suggests deflationary risks, potentially leading to an increase in consumer purchasing power.
This data is crucial for policymakers to assess inflation trends and develop appropriate monetary policies. For example, if the CPI shows significant growth, the central bank might consider raising interest rates to control inflation. Conversely, if the CPI is declining, there may be a need to enhance economic stimulus measures. Additionally, the CPI data is essential for businesses and investors as it helps gauge inflation trends and formulate economic outlooks and investment strategies.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
