The German inflation data showed mixed figures. The consumer price index registered an advance of 0.5% in May according to the preliminary report, higher than the 0.3% expected and lower than the 0.7% of the previous month. The annual rate increased from 2% to 2.5%, higher than the 2.4% of the market consensus.
The harmonized index increased 0.3% and the annual rate went from 2.1% to 2.4%, in this case below the expected 2.5%.
The euro it was not affected by inflation data from Germany and continued to operate without significant changes.
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