Is the index measures the change in the average price of a basket of goods and services needed by consumers, individuals, and the index is one of the key indicators to measure inflation.
Release date:
Issued an initial indicator on the 25 day of each month, and then issue the final results after two weeks of the initial version of the index.
Type Indicator:
Inflation index
Source:
Federal Statistics Office Germany
The degree of influence:
News of strong capable of moving the market immediately after its release, and if the real value of the index when it is published larger than expected so that is a positive for the currency, but if the value of the index when it is published less than expected, so that is a negative for the currency.
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