Germany: Annual CPI steady at 0.8% in October

FXStreet (Łódź) - According to preliminary data released today by Destatis, German annual inflation remained unchanged at 0.8% in October, against forecasts of a rise to 0.9% in September. On a monthly basis German CPI fell 0.3%, after remaining flat and below expectations of -0.1%

Year-over-year German HICP rose slid to 0.7% in October from 0.8% in September. On a monthly basis HICP declined 0.3%, after remaining flat and below consensus of -0.1%.