Bavaria November CPI +2.6% vs +2.four% y/y prior

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  • Hesse CPI +2.zero% vs +1.eight% y/y prior
  • Brandenburg CPI +1.9% vs +1.eight% y/y prior
  • Saxony CPI +2.9% vs +2.eight% y/y prior
  • North Rhine Westphalia CPI +1.9% vs +2.zero% y/y prior
  • Baden Wuerttemberg CPI +2.2% vs +2.1% y/y prior

On the steadiness, the figures aren’t as excessive as estimated. This factors to the nationwide studying later coming in round 2.1%, which is decrease than the anticipated 2.three% for November. However once more, the core studying is what is going to matter extra.

This text was written by Justin Low at www.ubaidahsan.com.



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