• +0.3% prev
  • y/y +1.3% as exp/prev

Euro reacting this time on the better than expected release with EURUSD up to 1.3696 from 1.3680

Strong offers noted still between 1.3700-20

EURGBP 0.8222 from 0.8215 EURJPY 139.41 giving USD a small lift to 101.78

  • German stats office says strong reduction in inventories put brakes on economic growth
  • exports boosted growth, rising more strongly than imports
  • development in capital investment was positive