Latest data released by Destatis - 29 August 2019
- Prior +0.4%
- CPI +1.4% y/y
- Prior +1.6%
The softer headline figure goes in-line with expectations of weaker inflationary pressures seen in August. Looking at the details, core inflation held steady at +1.6% y/y so perhaps that is some positive takeaway in light of the weaker headlines.
