• Prior 0.5%
  • y/y 1.2% vs 1.4% exp. Prior 1.4%

HICP

  • -0.5% vs -0.1% exp m/m. Prior 0.4%
  • y/y 1.1% vs 1.7% exp. Prior 1.8%

EUR/USD a little softer on the news as the lower CPI will no doubt add to German calls for a rate cut by the ECB.