Germany June final CPI +2.3% vs +2.3% y/y prelim

Latest data released by Destatis - 13 July 2021

  • HICP +2.1% vs +2.1% y/y prelim

The preliminary report can be found here. No change to the initial estimates as German inflation comes off a little in June relative to May. That said, the readings are elevated and above 2%, so that fits with the narrative of higher price pressures still.

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