German May PPI report now out 20 June
- 0.4% prev
- yy 2.8% vs 2.9% exp vs 3.4%
Softer producer prices will do their bit to filter in and contain headline inflation.
EURUSD currently 1.1160 with large option expiries very much in play.
Germany May PPI mm -0.2% vs -0.1% exp