German consumer prices remained unchanged in September 2015

FXStreet (Mumbai) - The inflation rate as measured by the consumer price index fell to annualised 0.0% in September 2015, official data released today showed. Compared with August 2015, the consumer price index fell by 0.2% in September 2015.

The low inflation rate in September 2015 was due mainly to the decrease in energy prices (–9.3% on September 2014). Compared with the last few months, the decrease of energy prices accelerated again.

EUR/USD closer to 1.1400 post-German CPI

The single currency is extending its upbeat tone during the first half of the week, now pushing EUR/USD to fresh daily tops around 1.1390...
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