Germany: Annual CPI (preliminary) drops to 2.3% in November vs 2.4% expected

"The inflation rate in Germany as measured by the consumer price index is expected to be 2.3% in November 2018," Germany's Federal Statistical Office (Destatis) reported on Thursday.

Key takeaways from the press release

• Consumer prices are expected to increase by 0.1% on October 2018.
• In November 2018, the harmonised index of consumer prices for Germany, which is calculated for European purposes, is expected to increase by 2.2% year on year and by 0.1% on October 2018.
• The final results for November 2018 will be released on 13 December 2018.