May 2018 German flash HICP and CPI inflation data 30 May 2018
- Prior 1.4%
- 0.6% vs 0.3% exp m/m. Prior -0.1%
- CPI 2.2% vs 2.0% exp y/y. Prior 1.6%
- 0.5% vs 0.3% exp m/m. Prior 0.0%
Much bigger than expected. They’ll be crowing about rate hikes in the halls of the Bundesbank. EURUSD has ticked up by a few pips to a new day’s high of 1.1648.
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