Latest data released by INSEE - 26 October 2018
- Prior +0.2%
- PPI +3.6% vs +3.7% y/y prior
Slightly better producer and import prices on the month relative to that in August but it's not really a release that matters all too much. The data here is lagging as it only acts as a proxy for inflationary pressures and we already had CPI figures released earlier this month.
EUR/USD still sits near flat levels on the day at 1.1372 trading tepidly. EUR/GBP likewise at 0.8870 and EUR/JPY a little lower but off the lows at 127.64.
