August 2018 Germany HICP, CPI inflation data 30 August 2018

  • Prior 2.1%
  • 0.0% vs 0.1% exp m/m. Prior 0.4%
  • CPI 2.0% vs 2.0% exp y/y. Prior 2.0%
  • 0.1% vs 0.1% exp m/m. Prior 0.3%

Softer than expected and a 2 pip drop on last month. EURUSD looking a touch softer but only by a few pips.

Regional results from earlier;

  • Bavaria 2.2% vs 2.2% prior y/y
  • Brandenburg 2.0% vs 2.2% prior y/y
  • Saxony CPI Aug 2.0% vs 2.2% prior y/y
  • Hesse 1.7% vs 1.8% prior y/y
  • Baden W 2.1% vs 2.2% prior y/y
  • North Rhine 2.0% vs 2.0% prior y/y

 

Ryan Littlestone

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