April 2016 German HICP flash -0.1% vs 0.0% exp y/y

April 2016 German HICP flash report 28 April 2016

• Prior 0.1%
• -0.3% vs -0.2% exp m/m. Prior 0.8%
• CPI 0.1% vs 0.1% exp y/y. Prior 0.3%
• -0.2% vs -0.2% exp m/m. Prior 0.8%

Well that blows out last months rise and Germany continues to walk the deflation line.

Methinks Mr Dombret will be waiting a bit longer for his hike.