Saxony December CPI 0.0% vs +0.1% y/y prior

Latest data released by Destatis - 6 January 2021

  • Prior +0.1%

The headline reading sees inflation keep more subdued towards the year-end and if this is anything to go by, the national reading later should maintain in deflation territory - roughly similar to the November reading.

Looking at the details, core inflation also eased back to +0.7% y/y last month:

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