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German inflation is likely to have risen in Feb: Capital Economics

Quotes from Capital Economics:- German inflation (13.00 GMT) is likely to have risen on the back of the increase in the oil price in February. - The rise in the oil price so far this month points to a sharp increase in H…

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Quotes from Capital Economics:

- German inflation (13.00 GMT) is likely to have risen on the back of the increase in the oil price in February. 

- The rise in the oil price so far this month points to a sharp increase in HICP energy prices of around 4%. This could boost annual energy inflation by enough to add 0.3 percentage points to the headline rate. 

- But that would still leave it in negative territory, at -0.2%. And core inflation is likely to have remained very subdued at just below 1%.

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