Prior +1.3%HICP +1.2% vs +1.3% y/y prelimPrior +1.6%
Core annual inflation is seen stable at 1.9% and it has been relatively steady over the last few months. That’s a somewhat positive takeaway but this trend is still not yet observed in Europe’s largest economy i.e. Germany.
This article was written by Justin Low at www.forexlive.com.