Germany EUR

Germany Brandenburg CPI YoY

Impact:
Low

Latest Release:

Date:
Actual:
2.2%
Forecast:
Previous/Revision:
2.2%
Period: May

Next Release:

Date:
Period: Jun
What Does It Measure?
The Brandenburg Consumer Price Index (CPI) Year-over-Year (YoY) measures the inflation rate in the Brandenburg region of Germany, indicating changes in the average prices of a basket of goods and services consumed by households. It primarily focuses on the cost of living, assessing key components such as food, housing, transportation, and healthcare, with values above 0% signaling inflation and below indicating deflation.
Frequency
The Brandenburg CPI YoY is released monthly, typically on the first working day of the month, and the figures are final upon release without preliminary estimates.
Why Do Traders Care?
Traders closely monitor the Brandenburg CPI YoY because it serves as a crucial indicator of inflationary pressures in the region, which can influence monetary policy decisions by the European Central Bank (ECB). Higher-than-expected inflation data is often bullish for the Euro (EUR) as it may prompt tighter monetary policy, whereas lower readings can be bearish.
What Is It Derived From?
The Brandenburg CPI is calculated using a representative consumer survey and price collection approach, where data on prices is collected from various retail stores and service providers in the region. The index employs a weighted basket that reflects consumer spending patterns, adjusting for seasonal variations to ensure accurate representation of inflation trends.
Description
The Brandenburg CPI YoY is a critical economic indicator that reflects the cost changes in a defined basket of goods and services consumed by households over the past year. This measure is essential for understanding regional inflation dynamics and its potential impacts on purchasing power, economic policy, and financial market conditions.
Additional Notes
The Brandenburg CPI serves as a leading economic indicator for inflation trends both regionally and nationally, contributing to the broader understanding of Germany's economic health. It is instrumental in comparing inflationary trends against national indices and can influence perceptions of economic stability within the Eurozone.
Bullish or Bearish for Currency and Stocks
Higher than expected: Bullish for EUR, Bearish for Stocks. Lower than expected: Bearish for EUR, Bullish for Stocks. Dovish tone: Signaling lower inflation expectations or economic support is usually good for the EUR but bad for Stocks due to cheaper borrowing costs.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number Better than forecast for the currency (or previous revise better)
Red Number Worse than forecast for the currency (or previous revise better)
Hawkish Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish Favors lower rates to boost growth, weakening the currency but lifting stocks.
Date Time Actual Forecast Previous Surprise
2.2%
2.2%
2.2%
2.3%
2.3%
2.3%
2.3%
2.3%
2.3%
2.4%
2.4%
1.9%
1.9%
1.8%
1.4%
1.7%
1.7%
2.6%
2.6%
2.6%
2.6%
2.9%
2.9%
3%
3%
2.8%
2.8%
3.5%
3.5%
3.7%
3.7%
4.5%
4.5%
4.1%
3.4%
4.6%
4.6%
5.6%
5.6%
7.1%
7.1%
6.7%
6.7%
6.7%
6.7%
6.3%
6.3%
7.6%
7.6%
7.8%
7.8%
8.7%
8.7%
8.7%
8.7%
9.1%
9.1%
10.5%
10.5%
10.8%
10.8%
9.9%