https://twitter.com/Schuldensuehner/status/1646143932454121477 Euro nears 1.10 Dollar on softer US #inflation data. https://t.co/ERhMqZu1Lx via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1646493205918109696 US March PPI fell 0.5% MoM, below estimate of 0%, in another sign that US #inflation may have peaked. https://t.co/mfI7ab03ev via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1647030217955844096 When good news is bad news: #Fed tightening assumptions advanced – the market is pricing in 81% odds of a 25bp hike on 5/3 w/year-end Funds Rate of 4.48% (up 14bp vs. Thurs) due to solid bank earnings, which could cause the Fed to focus on #inflation. (via @knowledge_vital) https://t.co/0HPAhD3nRf via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1651478033721614336 Good Morning from Germany where econ optimism keeps rising. The govt has raised its GDP forecast for this year to 0.4% from a previously predicted 0.2%, above BBG consensus. #Inflation forecast was adjusted down, w/rate for 2023 now seen 0.1ppt lower at 5.9%, below consensus. https://t.co/bFsqmfny48 via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1651538864710860803 ECB wakes up to #Greedflation as key culprit in price struggle. Profit margins outpacing wages as #inflation driver since 2021. Swelling earnings generated >2/3rd of inflation at end of last year. ‘Tit-for-tat’ dynamic risks stoking second-round effects. https://t.co/82mbrPZbhA https://t.co/gQlDFTaan1 via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1651922467567312899 German #inflation keeps easing in April. April CPI dropped to 7.2% YoY from 7.4% in March because food inflation has weakened significantly from 22.3% in March to 17.2% in April. In contrast, energy prices accelerated again from 3.5 to 6.8%. https://t.co/OnMTOxUqbE via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1652232105135407106 Good Morning from #Germany, where we should have seen peak food #inflation. Supermarket prices have risen 'only' 17.2% in April, down from 22.3% in Mar. Admittedly, that's still too high, but consumers now seem to be defying consumer goods producers' price hikes w/buyer strikes. https://t.co/38Yq4NTyrA via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1653327675702820865 #Eurozone #inflation slightly accelerates to 7% in April from 6.9% March while Core CPI slows to 5.6% from 5.7%, more or less as expected. https://t.co/ZdyJDMH7Qu via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1654099458588647424 #ECB slows pace of interest rate hike to 25bps as expected. Hints at more still to come: Main refi rate now at 3.75%, Depo rate at 3.25%, highest in almost a decade. Rate decision to be based on #inflation outlook. Expects to stop App reinvestments as of July. https://t.co/0ynwLT35Lr via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1656579081318678530 OOOPS! Consumer expectations for Eurozone #inflation rose „significantly” in March — bolstering case of #ECB officials who say rate hikes may need to persist beyond the summer. Inflation 3 years ahead seen at 2.9%, further above 2% goal. https://t.co/EZoJEGakEZ https://t.co/PnJGtC7NBt via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1658013496154439682 Good Morning from #Germany where Peak #Inflation narrative gets another favorite number: Prices in wholesale trade fell by 0.5% in April 2023 YoY. The first YoY decrease since Dec 2020 was mainly driven by mineral oil products (-15.7% YoY), scrap & residual materials (-31,5 %),… https://t.co/gMLk6msoam https://t.co/1qiGsRjgSz via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1658145118610763778 Mind the gap! The gap between #inflation and the key interest rate in #Turkey is unlikely to be closed anytime soon, w/current president Erdogan in pole position for the runoff election in two weeks. https://t.co/VXFgoPFkmL via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1659451901371400192 Good Morning from #Germany, where producer price inflation keeps falling - a good omen for consumer price #inflation. PPI dropped to 4.1% in April from 6.7% in March, so PPI now 3.1ppts below CPI. https://t.co/FEEdyqhyHR via @Schuldensuehner

📊 Germany's #inflation rate slows more than expected to 2.2% YoY in June from 2.4% in May vs 2.3% estimated, while core CPI drops <3% for 1st time since Feb2022. https://t.co/2Ux7DrEBUo
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📊 German food #inflation accelerated in June to 1.1% YoY from 0.6% YoY in May, 0.5% YoY in Apr and -0.7% YoY in March. This means that perceived inflation is rising again and consumers are becoming more cautious. But consumers must fuel the economic turnaround this year. https://t.co/XpFijqxDe1
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📊 Eurozone core #inflation unexpectedly sticky: Headline CPI slows to +2.5% in June from 2.6% in May, in line w/forecasts. However, core inflation unchg at 2.9% – a notch higher than forecasted. Experts had expected it to cool to 2.8%. https://t.co/zMJNgg5U5Q
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📊 Good Morning from #Germany where the effect of falling producer prices is starting to fade. In June, the Producer Price Index (PPI) dropped by just 1.6% and even rose by 0.2% MoM. This suggests that the positive effect on consumer price #inflation might also start to level off. https://t.co/PQ2aFeFpTW
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Despite all the talk about tariffs, long-term #inflation expectations have stayed stable — or even gone down. The so-called 5y5y inflation expectations are currently at 2.03% for Europe and 2.36% for the US. https://t.co/x7aZJy6sKX
— Holger Zschaepitz (@Schuldensuehner)
Apr 18, 2025

German #inflation slowed to 2.1% YoY in Apr from 2.2% in March, the lowest level in 7 months. However, the decline was less pronounced, and core inflation rose to 2.9%, driven by a sharp increase in service prices. https://t.co/8TKTCulMAZ
— Holger Zschaepitz (@Schuldensuehner)
Apr 30, 2025

May US #inflation slightly cooler than expected. Core CPI rose by 2.8% YoY, just below forecast of 2.9%, while headline inflation at 2.4%, matching expectations. Both figures remain above Fed's 2% target, but Trump’s tariffs have not yet significantly impacted overall inflation. https://t.co/VRZ4lzkbRN
— Holger Zschaepitz (@Schuldensuehner)
Jun 11, 2025