German inflation sinks to 1.9% in August

!ping GER&ECON

other publications:

[WSJ | German Inflation Unexpectedly Falls Below ECB Target](https://www.wsj.com/economy/global/german-inflation-unexpectedly-tumbles-below-ecb-target-90b5ddf3)

[Bloomberg | German Inflation Plunges to 2% as ECB Prepares to Cut Rates](https://www.bloomberg.com/news/articles/2024-08-29/german-inflation-plunges-to-2-as-ecb-prepares-to-cut-rates)

YoY CPI estimates were 2.1%. Actual print was 1.9%.

MoM CPI estimates were 0%. Actual print was -0.1%.

YoY HICP estimates were 2.3%. Actual print was 2%.

MoM HICP estimates were 0%. Actual print was -0.2%.

I think HICP is the preferred measure for ECB.