Bavaria March CPI +2.3% vs +2.6% y/y prior

• Hesse CPI +1.6% vs +2.1% y/y prior
• North Rhine Westphalia CPI +2.3% vs +2.6% y/y prior
• Saxony CPI +2.5% vs +3.0% y/y prior
• Brandenburg CPI +2.8% vs +3.5% y/y prior
• Baden-Wuerttemberg CPI +2.3% vs +2.7% y/y prior

The readings shows that headline annual inflation is softer in March compared to February. And this should reflect a roughly 2.0% to 2.1% estimate for the national reading later, which is a touch softer than the 2.2% reading estimated.

This article was written by Justin Low at www.forexlive.com.