Latest data released by Destatis - 27 February 2018
- Prior m/m -0.6%
- CPI y/y +1.3% vs +1.5% prior
Follows a similar pattern as the other regional/state figures, where the y/y reading is a tad softer than January's readings.
EUR/USD not too phased so far, sitting at 1.2335. EUR/GBP is up to 0.8833 as sterling falls. Meanwhile, EUR/CHF is at 1.1549 still in consolidation mode.