Germany June final CPI +2.2% vs +2.2% y/y prelim

• Prior +2.4%
• HICP +2.5% vs +2.5% y/y prelim
• Prior +2.8%

No changes to the initial estimate with core annual inflation seen at 2.9%, marking a fall below the 3% mark for the first time since February 2022. But there is still work to do in order to get it back down towards the desired 2% level.