Bavaria February CPI +2.4% vs +2.5% y/y prior

The other state readings released around the same time:

• Hesse CPI +2.3% vs +2.5% y/y prior
• Brandenburg CPI +2.3% vs +2.3% y/y prior
• Saxony CPI +2.3% vs +2.4% y/y prior
• North Rhine Westphalia CPI +1.9% vs +2.0% y/y prior
• Baden Wuerttemberg CPI +2.5% vs +2.3% y/y prior

The readings are relatively steady as compared to January. This suggests that the national reading later should come in around expectations, roughly between 2.2% to 2.3%. That as compared to the reading in January of 2.3%.

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