Germany August import price index 0.0% vs 0.1% exp

German August import price index data now out 26 Sept

  • -0.4% prev
  • yy 2.1% as exp vs 1.9% prev

The German Import Price Index measures the change in the price of imported goods purchased domestically.

Softer mm but steady yy but not going to impact on headline inflation any time soon.

EURUSD still on the back foot at 1.1846 post-German election. EURGBP clinging onto the 0.8780 support area and keeping a cap on GBPUSD.

EURJPY back up to 132,20 from another test of 132.00 where I warned bids were building again earlier.

                                            German import price index mm

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