{"id":475395,"date":"2026-05-30T23:57:38","date_gmt":"2026-05-30T23:57:38","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/475395\/"},"modified":"2026-05-30T23:57:38","modified_gmt":"2026-05-30T23:57:38","slug":"germany-may-preliminary-cpi-2-6-vs-2-9-y-y-expected","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/475395\/","title":{"rendered":"Germany May preliminary CPI +2.6% vs +2.9% y\/y expected"},"content":{"rendered":"<p>Prior +2.9%HICP +2.7% vs +2.8% y\/y expectedPrior +2.9%Core CPI Y\/Y +2.5% vs +2.3% prior<\/p>\n<p data-v-6bf95c48=\"\">The <a href=\"https:\/\/investinglive.com\/news\/bavaria-may-cpi-26-vs-29-yy-prior-20260529\/\" target=\"_blank\" class=\"article-link\" data-v-6bf95c48=\"\" rel=\"nofollow noopener\">German states inflation readings<\/a> released earlier in the day were much lower than the prior month, so a notable miss on the national measure was expected. The German Core CPI Y\/Y rose to 2.5% from 2.3% prior.<\/p>\n<p data-v-6bf95c48=\"\">That&#8217;s due to a pullback in energy prices but the ECB is more focused on underlying inflation pressures and the risk of second-round effects if the situation in the Strait of Hormuz persists longer than expected.<\/p>\n<p data-v-6bf95c48=\"\">As a reminder, the ECB is widely expected to deliver an &#8220;insurance&#8221; 25 bps rate hike in June and pause at least until September to see how the data and the US-Iran situation evolves over the summer.<\/p>\n","protected":false},"excerpt":{"rendered":"Prior +2.9%HICP +2.7% vs +2.8% y\/y expectedPrior +2.9%Core CPI Y\/Y +2.5% vs +2.3% prior The German states inflation&hellip;\n","protected":false},"author":2,"featured_media":78338,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,113,61,60],"class_list":["post-475395","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/475395","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=475395"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/475395\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/78338"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=475395"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=475395"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=475395"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}