The other state readings released around the same time:
Brandenburg CPI +2.6% vs +2.6% y/y priorHesse CPI +1.8% vs +1.8% y/y priorSaxony CPI +3.1% vs +2.8% y/y priorNorth Rhine Westphalia CPI +2.3% vs +2.2% y/y priorBaden Wuerttemberg CPI +2.1% vs +1.9% y/y prior
It’s a bit of a mixed report but at the balance, it should point to the national reading coming in around 2.3% or even 2.4%. That is a touch higher than expectations but eyes will be on the core print.
This article was written by Justin Low at www.forexlive.com.
