Germany June preliminary CPI +0.9% vs +0.6% y/y expected

Forex

Latest data released by Destatis – 29 June 2020

  • Prior +0.6%
  • CPI +0.6% vs +0.3% m/m expected
  • Prior -0.1%
  • HICP +0.8% vs +0.6% y/y expected
  • Prior +0.5%
  • HICP +0.7% vs +0.4% m/m expected
  • Prior 0.0%

For bank trade ideas, check out eFX Plus

The state readings earlier provided a slight upside bias going into the release and the figures here pretty much confirms it. Price pressures improved modestly in the month of June and that is a positive takeaway at least, after having seen the headline reading slump to its lowest level since September 2016 back in May.

Let’s block ads! (Why?)

Forexlive RSS Breaking news feed

Leave a Reply

Your email address will not be published. Required fields are marked *