- Prior +0.1%
- -1.3% vs -1.0% exp m/m. prior 0.1%
- CPI -0.3% vs -0.1% exp y/y. Prior +0.2%
- -1.0% vs -0.8% exp m/m. Prior 0.0%
HICP and CPI drops into the negative for the first time since Oct & Sep 2009.
No prizes for guessing what drove inflation lower, you guessed it, the price of Bratwurst!
Only joking. Energy dropped -9.0% from -6.6% in Dec. Goods in general fell -2.0% from -1.2% prior. Services remain higher woth only a pip loss for household rents which came in at 1.3% vs 1.4% prior
The euro managed a 15 pip fall on the numbers
German HICP y/y 29 01 2015
