German inflation likely down on oil prices decline – Danske Bank

FXStreet (Delhi) – Research Team at Danske Bank, suggest that the German HICP inflation, which is released ahead of the euro area figure, should be dragged down by the oil price decline and we expect it to reach -0.3% y/y in September.

Key Quotes

“The pressure on Draghi for further easing has intensified lately and should increase further on indications that euro area inflation is falling back into deflationary territory.”

Research Team at Danske Bank, suggest that the German HICP inflation, which is released ahead of the euro area figure, should be dragged down by the oil price decline and we expect it to reach -0.3% y/y in September.

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