Saxony August CPI 0.0% vs +0.4% m/m prior

Latest data released by Destatis - 30 August 2018

  • CPI +2.0% vs +2.2% y/y prior

Flat reading on the month and a slightly softer annual estimate compared to July. However, stripping out other factors and looking at the core reading, there's only a decline to +1.4% from +1.5% in July.

Let's see if we get similar trend in the other state readings ahead of the national one at 1200 GMT.

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