Details of the December 2015 German HICP inflation flash data report 4 January 2016
– Prior 0.3%
– 0.0% vs 0.2% exp m/m. Prior 0.1%
– CPI 0.3% vs 0.6% exp y/y. Prior 0.4%
Worse than expectations and last month. That’s not what the ECB wants to see. The Euro is unfazed though and only slips around 6 pips