Latest data released by Destatis - 30 January 2019

Germany import prices
  • Prior -1.0%
  • Import price index +1.6% vs +2.1% y/y expected
  • Prior +3.1%

Slight delay in the release by the source. A further slump in import prices, mainly reflects the CPI figures we got last month already. The release here is a lagging indicator of inflationary pressures. Low-tier data.

EUR/USD is now at 1.1435 after having moved to 1.1450 earlier, still trades narrowly between the 1.1430-50 range so far today.