Bavaria September CPI +1.9% vs +2.1% y/y prior

  • Latest data released by Destatis - 30 September 2024
  • Brandenburg CPI +1.4% vs +1.7% y/y prior
  • North Rhine Westphalia CPI +1.5% vs +1.7% y/y prior
  • Saxony CPI +2.4% vs +2.6% y/y prior
  • Baden Wuerttemberg CPI +1.4% vs +1.5% y/y prior

The state figures point to softer yearly figures compared to the month before. Based on the estimates, we should see the German national number come in later at around 1.7%. That will be down from the previous headline annual inflation figure of 1.9% in August.

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