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Latest data released by Destatis – 30 January 2019
- Prior -1.0%
- Import price index +1.6% vs +2.1% y/y expected
- Prior +3.1%
Slight delay in the release by the source. A further slump in import prices, mainly reflects the CPI figures we got last month already. The release here is a lagging indicator of inflationary pressures. Low-tier data.
EUR/USD is now at 1.1435 after having moved to 1.1450 earlier, still trades narrowly between the 1.1430-50 range so far today.
This article was originally published by Forexlive.com. Read the original article here.