• Prior 1.2%
  • -0.7% vs -0.6% exp m/m
  • CPI 1.3% vs 1.5% exp y/y
  • -0.6% vs -0.4% exp m/m

EUR/USD breaks down to 1.3573 as the spectre of falling inflation rears it’s ugly head again.

Looks like energy led the move lower falling to -1.8% from +1.1% in Dec. Goods inflation overall fell to 0.8% from 1.4%

German HICP 30 01 2014

German HICP 30 01 2014