Latest data released by Destatis - 27 February 2018
- Prior m/m -0.7%
- CPI y/y +1.6% vs +1.8% prior
At the same time, Hesse figures are also released:
- CPI m/m +0.4% vs -0.8% prior
- CPI y/y +1.1% vs +1.3% prior
The Bavaria figures show a similar pattern to the Saxony report earlier. Food is the main drag, with y/y figures in Bavaria falling from 3.5% to 1.8%.
Looks like a similar pattern for Hesse as well, but the core figure is still lower on the month for Hesse - so it's a drag all across.
Some softer numbers here than prior figures, not too encouraging to say the least.
