Germany June final CPI +6.4% vs +6.4% y/y prelim

  • Latest data released by Destatis - 11 July 2023
  • HICP +6.8% vs +6.8% y/y prelim

No change to the initial estimates as German inflation holds higher in June but owes much to base effects as well, with the government subsidies having kicked in from June to August last year.

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