Saxony March CPI m/m +0.4% vs +0.4% prior

Latest data released by Destatis - 29 March 2018

  • Prior m/m +0.4%
  • CPI y/y +1.5% vs +1.3% prior

A bounce following last month's dip - in which I mentioned at the time was distorted thanks to vegetable prices for the most part. Somewhat back to normal perhaps now. We'll have to see how the trend goes from here.

The core reading holds steady from last month at +1.6% y/y.

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