Germany May Harmonized CPI MoM Preliminary
Federal Statistical Office of Germany announced the Germany May Harmonized CPI MoM Preliminary on 2025-05-30. The reported figure stands at 0.2%, against a forecast of 0.10%, with the prior figure recorded as 0.50%.
Regarding the Germany May Harmonized CPI MoM Preliminary, Actual value > Expected value = Positive for Euro, The Consumer Price Index (CPI), also known as the consumer price index, is a measure of the prices of a fixed basket of consumer goods, primarily reflecting the price changes that consumers pay for goods and services. It is also a tool for measuring the level of inflation, expressed in percentage changes. At the same time, it serves as an indicator of price changes for products and services related to residents' living conditions. A decline in this index reflects economic recession, which is inevitably unfavorable for currency exchange rates. However, if the consumer price index rises, does that mean the exchange rate is always favorable? Not necessarily; it depends on how much the consumer price index increases. If the increase is moderate, it indicates a stable and upward-moving economy, which is certainly beneficial for the country's currency. But if the increase is too large, it can have negative effects, as the price index is inversely proportional to purchasing power; the higher the prices, the lower the purchasing power of the currency, which is inevitably detrimental to the country's currency.
This data holds an importance level of , calculated using Price changes of goods and services purchased by consumers, and updates monthly.
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