We’ve had the and now we wait on the full German data at 12.00 GMT
regionals
Capital Economics via Livesquawk have this to say:
Data from the German states suggest that HICP (harmonised) inflation was
flat at close to zero in July and confirm that underlying price
pressures are very subdued. A weighted average of data from five German
states, accounting for just over half of the national total, points to
unchanged national CPI inflation of 0.3%. This suggests that the HICP
measure probably held at 0.1%, in line with the consensus forecast
(official data will be released at 13.00 BST).
Forecasts are :