Germany June final CPI +2.0% vs +2.0% y/y prelim ...Middle East

Prior +2.1%HICP +2.0% vs +2.0% y/y prelimPrior +2.1%Core CPI +2.7% y/y

No changes to the preliminary report. This is not going to change anything for the ECB of course as we wait for more data throughout the summer.

The agency notes "the rate of inflation eased again slightly in June and reached the lowest level registered in the first half of the year. In addition to the continued decline in energy prices, food price inflation slowed in particular. On the other hand, the above-average increase in service prices continued to drive up inflation."

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

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