German central bank out with latest monthly report 18 Sept
- Euro gain barely noticeable in producer prices
- German headline inflation to fall temporarily in Autumn due to base effects
- core inflation rate to rise very gradually
Cautious tones from BUBA
Headline inflation last month was 1.8%, with core coming in at 1.5%
Full report here but no English version currently available.
EURGBP 0.8817 after extending its gains to post 0.8831 in a rush and still capping cable gains.
BUBA in cautious mood
