Latest data released by Destatis - 30 October 2018
- Prior +0.4%
- CPI +2.4% y/y
- Prior +2.3%
Slight delay in the release by the source. This is the last of the German state readings for the day and the release here continues to highlight the theme of improved inflationary pressures ahead of the national reading release later. That will give some confidence to the ECB at least that their inflation outlook remains intact.
EUR/USD holds steady at 1.1370 after a bit of a drop earlier to 1.1358. EUR/GBP still holds near the highs at 0.8906 while EUR/JPY is a higher on the day still at 128.20 levels.
