• Prior 1.2%
  • HICP +1.1% vs +1.1% y/y prelim
  • Prior +1.3%

Slight delay in the release by the source. Core annual inflation is seen slowing down from 1.9% to 1.7% in November, so that's something to at least take note of. That said, the sticking point for inflation for the ECB is still very much the German economy at this point. So, that's going to continue to keep them boxed in the current position of not moving on rates.