Germany February preliminary CPI +2.5% vs +2.6% y/y expected ...Middle East

Prior +2.9%CPI +0.4% vs +0.5% m/m expectedPrior +0.2%HICP +2.7% vs +2.7% y/y expectedPrior +3.1%HICP +0.6% vs +0.6% m/m expectedPrior -0.2%This fits with expectations from the state readings earlier here. Core annual inflation is unchanged from January at 3.4% though. It just reaffirms that headline annual inflation is further converging towards the 2% mark. However, it remains to be seen if the core reading will follow suit in the months ahead. This article was written by Justin Low at www.forexlive.com.

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