Latest data released by Destatis - 30 May 2018
- Prior 0.0%
- CPI +2.2% vs +1.9% y/y expected
- Prior +1.6%
- HICP +0.6% vs +0.3% m/m expected
- Prior -0.1%
- HICP +2.2% vs +1.8% y/y expected
- Prior +1.4%
Slight delay in the data release by the source. A weaker euro and rising oil prices is helping to lift inflation figures. A beat there on all fronts. That should bode well for inflationary signs ahead of the Eurozone reading tomorrow - core reading there expected to bounce after Easter seasonality muddied the April readings.
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