Latest data released by Destatis - 28 December 2018
- Prior +0.3%
- CPI +1.8% y/y expected
- Prior +2.4%
Follows a similar trend to the other earlier state releases. Pretty much just reaffirms the rhetoric that there is slightly softer inflationary pressures weighing on the German economy as we close out the year. EUR/USD sits at 1.1448 currently, a little higher on the day. EUR/GBP still very much range-bound now at 0.9056.
