Latest inflation data on German states - 30 January 2018
- Prior figures
- CPI y/y +1.5% vs +1.5% prior
The January dip in the m/m figures appears to be a seasonal thing across all states, as it happened in the last three Januaries as well. But the y/y figure holds steady, and this is one of the more relevant ones as its from the industrial state.
A mixed bag mostly so far among all the states, but overall I'd say it's more or less holding decently. EUR/USD is now at 1.2380 as the dollar surrenders some of its gains. EUR/GBP is at 0.8828, still holding firm. EUR/JPY meanwhile is at 134.54, still thereabouts.
Update: The Baden Wuerttemberg figure has also been released, earlier than anticipated.
- CPI m/m -0.7% vs +0.6% prior
- CPI y/y +1.7% vs +1.8% prior
And that's the last of the German states. The overall preliminary reading for Germany will be due at 1300 GMT.
