Inflation isn't out of the woods in Germany just yet
North Rhine, Brandenburg and Hesse have all confirmed drops in CPI now. Here's the story so far
All y/y
- Saxony 0.5% vs 0.8% prior
- Brandenburg 0.3% vs 0.6% prior
- Hesse 0.3% vs 0.8% prior
- Bavaria 0.5% vs 0.8% prior
- North Rhine 0.3% vs 0.7% prior
Baden Wuerttenberg (0.7% prior) is the last to report before the main German number at 12.00 gmt. Expectations for German CPI is 0.5% vs 0.7% prior y/y and HICP at 0.4% vs 0.7% prior y/y.
