Latest data released by Destatis - 30 March 2020

  • Prior +1.6%

Meanwhile, there's also releases from Hesse, Bavaria, and Baden Wuerttemberg:

  • Hesse CPI +1.2% y/y
  • Prior +1.9%
  • Bavaria CPI +1.2% y/y
  • Prior +1.7%
  • Baden Wuerttemberg +1.4% y/y
  • Prior +1.6%

The figures all point towards weakening inflation pressures, which should be largely attributed to the drop in energy prices seen over the past few weeks. This sets up expectations for a weaker national reading later today at 1200 GMT.