May 2015 German HICP and CPI data report 1 June 2015

  • Prior 0.3%
  • +0.1% vs +0.1% exp m/m. Prior -0.1%
  • CPI 0.7% vs 0.7% exp y/y. Prior 0.5%
  • 0.1% vs 0.1% exp m/m. Prior 0.0%
  • Goods -0.3% vs -0.6% prior
  • Energy -5.0% vs -5.9% prior
  • Food 1.4% vs 1.1% prior
  • Services 1.5% vs 1.2% prior
  • Household rents 1.2% vs 1.3% prior

No surprise to see the numbers higher based on the earlier German states data

EURUSD gains 10 pips to 1.0935

German HICP flash y/y