Latest data released by Destatis - 30 August 2018
- Prior +0.3%
- CPI +2.0% vs +2.0% y/y expected
- Prior +2.0%
- HICP 0.0% vs +0.2% m/m expected
- Prior +0.4%
- HICP +1.9% vs +2.1% y/y expected
- Prior +2.1%
Headline readings are within estimates but the EU-harmonised reading comes in a little weaker-than-expected. The headline readings should continue to keep the belief that inflation is still on the right path and that will provide some comfort for the ECB.
