Fundamental: German inflation drops but there’s no sign of broader downward trends

German headline inflation dropped in March to the lowest level since last summer. However, there are still no signs of any broader disinflationary trend outside energy and commodity prices. Has the disinflationary process started? We don't think so. German March headline inflation came in at 7.4% Year-on-Year, from 8.7% YoY in February. The HICP measure ...     Alert Mar 31, 2023, 5:57am Fundamental: German inflation drops but there's no sign of broader downward trends German headline inflation dropped in March to the lowest level since last summer. However, there are still no signs of any broader disinflationary trend outside energy and commodity prices. Has the disinflationary process started? We don't think so. German March headline inflation came in at 7.4% Year-on-Year, from 8.7% YoY in February. The HICP measure ... View Story Edit This Alert     You've opted-in to receive Alerts from Forex Factory. • Unsubscribe from this content • Enable Do-Not-Disturb to pause all Alerts • Contact FF for Alert support