July 2016 German HICP flash 0.4% vs 0.3% exp y/y

Highlights of the July 2016 German HICP and CPI flash data report 28 July 2016

• Prior 0.2%

• 0.4% vs 0.3% exp m/m. Prior 0.1%
• CPI 0.4% vs 0.3% exp y/y. Prior 0.3%
• 0.3% vs 0.2% exp m/m. Prior 0.1%

Not quite taper territory just yet ;-)

The euro is doing naff all after the data.

German CPI details

German HICP yy