German Inflation to Temporarily Dip But Core Rate to Pick Up
Germany's inflation rate is likely to temporarily drop back below 3%, though underlying price pressures are set to gradually pick up, Commerzbank's Ralph Solveen says. Inflation rose to 3.3% in September from 2.9% in August, with the core rate at 2.4%.
Germany's inflation rate is likely to temporarily drop back below 3%, while underlying price pressures are expected to gradually pick up, Commerzbank's Ralph Solveen said. 4%, although a fuel tax rebate should keep a lid on prices.