Germany's Flash November HICP likely to rise

Germany's November Preliminary CPI month on month is expected to be 0.1 by market consensus, while CPI year on year for the month of November is likely to be at 0.4.

The HICP inflation of Germany for the month of November on mom basis is expected by consensus to be 0.1, while on a year on year basis, it is likely to be 0.3. 

This rise in the Headline CPI is mostly due to the modest improvement in the energy prices, and underpinned by increasing food prices.

"We expect the German flash HICP to print higher at 0.4% yoy in November from 0.2% yoy in October and to average 0.2% in 2015 and 1.3% in 2016, while the core metric should average 1.1% in 2015 and 1.3% in 2016", estimates Societe Generale.