German HICP in focus today – Nomura

Analysts at Nomura are forecasting Germany August’s HICP inflation at 2.0% y-o-y, while they expect euro area aggregate HICP inflation to increase by 2.0% on a y-o-y basis, compared with 2.1% in July.

Key Quotes

“At the euro area level, support from energy price increases should weaken from last month, while we expect price inflation of the core components of 1.1% y-o-y, unchanged compared with July.”