• Prior 0.7%
  • 0.0% vs 0.0% exp m/m. Prior -0.3%
  • CPI 0.6% vs 0.6% exp y/y. Prior 0.8%
  • 0.0% vs 0.1% exp m/m. Prior -0.3%

Maybe not as bad as was feared but a poor number just the same. That’s the lowest since Nov 2010.

Energy fell 2.5% vs -2.3% in Oct. Food was flat compared to 0.7% prior and services fell to 1.4% from 1.7%

German HICP flash 27 11 2014

German HICP flash 27 11 2014

EUR/USD popped around 7 pips to 1.2494 and all eyes will now be on tomorrow’s eurozone numbers