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Saxony February CPI +0.3% vs -1.0% m/m prior

Saxony February CPI +0.3% vs -1.0% m/m prior

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Justin Low
28/02/2019 | 08:00 GMT

Latest data released by Destatis - 28 February 2019

  • CPI +1.4% y/y
  • Prior +1.4%

Annual headline inflation holds steady at +1.4% and that's similar to the core reading as it also remains steady compared to January at +1.4%. That should at least provide euro bulls with some comfort that inflation isn't nosediving for the time being. EUR/USD holds steady in a narrow range at 1.1383 currently.

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