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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%.

Germany Harmonised Index of Consumer Prices (YoY) below expectations (0.9%) in October: Actual (0.7%)

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USD/CAD dips to 1.1170

The US dollar is depreciating vs. its Canadian counterpart on Thursday, dragging USD/CAD to session lows in sub-1.1170 levels...
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