Pan Sen Macro: German inflation data may have a key impact on the price outlook in the euro area

Sina Financial News Pan Sen macro analyst Melanie Debono said that to judge whether there will be a significant slowdown in price increases in the euro area at the beginning of this year, much depends on the inflation rate in Germany in January. Data from the last few days show a marked decline in the consumer price index in France in January, contrary to the rising trend in Spain. Headline inflation in the 20 eurozone members is likely to fall to 2.4% from 2.9% in December, but that will largely depend on Germany. Germany will release its data later on Wednesday. Economists expect the German price index to fall sharply to 2.9% at the start of the year, according to a survey.