The other German state releases around the same time:
- Hesse CPI +2.3% vs +2.3% y/y prior
- Brandenburg CPI +2.2% vs +2.2% y/y prior
- Saxony CPI +2.3% vs +2.4% y/y prior
- North Rhine Westphalia CPI +2.0% vs +1.8% y/y prior
- Baden Wuerttemberg CPI +2.2% vs +2.4% y/y prior
Not much change from the prior figures. Again, the data won’t change the ECB plans for the time being.
This article was written by Giuseppe Dellamotta at www.forexlive.com.