Latest data released by Eurostat - 18 June 2019

  • CPI +1.2% vs +1.2% y/y prelim
  • CPI +0.1% vs +0.2% m/m expected
  • Prior +0.7%

Preliminary figures can be found here. Pretty much in-line with initial estimates but it serves a reminder of how weak inflationary pressures in the region are following the boost in April due to Easter seasonality.

EUR/USD is making fresh lows on the day at 1.1183 currently as the fallout from Draghi's dovish remarks continue to weigh on the euro.