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27 Nov 2015
Key events for German next week - TDS
FXStreet (Guatemala) - Analysts at TD Securities noted that the Germany & Euro Area November CPI arrive next week on 30 Nov & 2 Dec.
Key Quotes:
"One reason the ECB will be keen to over-deliver this week is that inflation is now set to firmly enter back into positive territory as the base effects of 2014’s oil price declines begin to drop out of the year-on-year prints.
This could provide sustained support to headline inflation in the order of up to 0.75 percentage points by early 2016, helping push it through 1% y/y. We expect German CPI to increase to 0.4% y/y in November (consensus: 0.3%) and the euro area aggregate to rise to 0.3% y/y (consensus: 0.3%), while euro area core holds steady at 1.1% y/y (same as consensus)."
Key Quotes:
"One reason the ECB will be keen to over-deliver this week is that inflation is now set to firmly enter back into positive territory as the base effects of 2014’s oil price declines begin to drop out of the year-on-year prints.
This could provide sustained support to headline inflation in the order of up to 0.75 percentage points by early 2016, helping push it through 1% y/y. We expect German CPI to increase to 0.4% y/y in November (consensus: 0.3%) and the euro area aggregate to rise to 0.3% y/y (consensus: 0.3%), while euro area core holds steady at 1.1% y/y (same as consensus)."