Germany June preliminary CPI +0.9% vs +0.6% y/y expected 0 (0)

Latest data released by Destatis – 29 June 2020
– +0.6%
– CPI +0.6% vs +0.3% m/m expected
– Prior -0.1%
The state readings earlier provided a slight upside bias going into the release and the figures here pretty much confirms it. Price pressures improved modestly in the month of June and that is a positive takeaway at

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