The monthly reading shows another 0.3% increase in consumer prices. Headline annual inflation is seen higher again in Germany's industrial state, so that sets the tone for higher readings as well for the rest that is to come. This will be one to watch for the euro and regional bond yields later when markets open.
North Rhine Westphalia June CPI +6.2% vs +5.7% y/y prior
- Latest data release by Destatis - 29 June 2023
