The other German state releases around the same time:
- Hesse CPI +2.4% vs +2.3% y/y prior
- Brandenburg CPI +2.3% vs +2.3% y/y prior
- Saxony CPI +2.5% vs +2.3% y/y prior
- North Rhine Westphalia CPI +1.9% vs +1.9% y/y prior
- Baden Wuerttemberg CPI +2.2% vs +2.5% y/y prior
The numbers aren't as soft as expected. At the balance, this means we should see the national reading later come in at around 2.3% to 2.4%. That will beat the supposed estimate of 2.2%. But of course as always, the core reading will matter more.
