Germany: CPI (Apr) came in at 1.3% YoY

FXStreet (Edinburgh) - The advance gauge of German consumer prices disappointed investors today, with the headline CPI advancing below estimates at an annual pace of 1.3% vs. 1.4% expected. ON a monthly basis, prices contracted 0.2% vs. -0.1% forecasted. The HICP followed the same direction, 1.1% YoY and -0.3% inter-month vs. 1.3% and -0.1% expected, respectively.