German CPI matches forecasts
German CPI for the month of January final reading came in line with both prior and estimates on the year and on the month, where the annual reading reached -0.6% and the monthly came in at 0.8%.
With regard to CPI EU Harmonised, it inched up to 0.8%, higher than both previous and market expectations of 0.7%, while the on the month the reading ticked up to -0.6% from both preceding and estimated readings of -0.7%.