Latest data released by Destatis - 28 February 2020

  • Prior +1.8%
  • CPI +0.5% m/m
  • Prior -0.6%

That's quite a strong beat in headline inflation and the good news for the euro is that it is also accompanied by a stronger core inflation reading as well. The core reading has jumped up to +1.9% y/y in February from +1.6% y/y in January.