Thursday, 28 July 2022

Bavaria July CPI 8.0% vs 7.9% y/y prior

* Hesse CPI 7.6% vs 8.1% y/y prior * Brandenburg CPI 7.6% vs 8.0% y/y prior * Baden-Wuerttemberg CPI 7.1% vs 7.1% y/y prior On the balance of things, the annual inflation readings are tilting a little lower even after the surprise from the higher reading seen in North Rhine Westphalia earlier in the day. It sets out a bit of mixed expectations and it will come down to the kicker from Saxony in the next hour. Just take note that all the monthly readings are higher though: Bavaria +0.6%, Hesse +0.4%, Brandenburg +1.0%, Baden-Wuerttemberg +0.8%. This article was written by Justin Low at www.forexlive.com.
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