Germany February final CPI +2.3% vs +2.3% y/y prelim ...Middle East

Prior +2.3%HICP +2.6% vs +2.8% y/y prelimPrior +2.8%

The good news is that core annual inflation did ease a bit more to 2.7%, so that will help to keep the ECB on track to cut rates further in the months ahead. That said, the reading is still well above the 2% mark and is taking quite a while to settle lower.

This article was written by Justin Low at www.forexlive.com.

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