Germany January preliminary CPI +2.3% vs +2.6% y/y expected ...Middle East

Prior +2.6%HICP +2.8% vs +2.8% y/y expectedPrior +2.8%

This was expected given the German state readings earlier in the session. The Core inflation rate has also eased from 3.3% in December to 2.9% in January. Services inflation though remains sticky around 4.0%.

This article was written by Giuseppe Dellamotta at www.forexlive.com.

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