Germany CPI August flash report 30 Aug 2016
- +0.3% prev
- yy +0.4% vs +0.5% exp vs +0.4% prev
- HICP mm flash -0.1% vs +0.1% exp vs +0.4% prev
- yy +0.3% vs +0.5% exp vs +0.4% prev
Consistent with softer regional readings posted here earlier. Not good news for the ECB or indeed Germany.
EURUSD has a little dip to 1.1162 but news mostly factored in . EURGBP now on session lows at 0.8517 but GBPUSD being capped by the 1.3120 offers/res again.
