Germany released the consumer price index for November in a preliminary reading, where the monthly CPI index was unchanged in line with the previous and expectations of 0.0%. In addition, the annual CPI index eased to 2.4% from the previous of 2.5%, in line with expectations.

On the other hand, the CPI monthly harmonised index remained unchanged compared with the prior of 0.1%, yet above expectations of 0.1% drop. Furthermore, the annual harmonised index slowed to 2.8% from the previous 2.9%, in line with expectations.