July 30, 2024 at 09:00AM
The other state readings released around the same time:
Brandenburg CPI +2.6% vs +2.6% y/y prior
Hesse CPI +1.8% vs +1.8% y/y prior
Saxony CPI +3.1% vs +2.8% y/y prior
North Rhine Westphalia CPI +2.3% vs +2.2% y/y prior
Baden Wuerttemberg CPI +% vs +1.9% y/y prior
It’s a bit of a mixed report but at the balance, it should point to the national readings coming in around 2.2% or 2.3% later. That will fit more or less with expectations but eyes will be on the core print.
This article was written by Justin Low at www.forexlive.com.