Bavaria August CPI 8.4% vs 8.0% y/y prior

  • Latest data released by Destatis - 30 August 2022
  • Hesse CPI 8.0% vs 7.6% yy prior

Well, the state figures so far are reaffirming expectations that German annual inflation is estimated to tick higher in August. We'll get the Saxony reading in the next hour and reassess again but so far, all signs are pointing to firmer figures this month.

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