Bavaria June CPI +2.7% vs +2.7% y/y prior ...Middle East

The other state readings released around the same time:Brandenburg CPI +2.6% vs +2.9% y/y priorHesse CPI +1.8% vs +1.9% y/y priorSaxony CPI +2.8% vs +3.1% y/y priorNorth Rhine Westphalia CPI +2.2% vs +2.5% y/y priorBaden Wuerttemberg CPI +1.9% vs +2.1% y/y priorAt the balance, it shows that annual inflation in German states did ease a touch compared to the month before. Collectively, this should point to the national reading coming in at around 2.2% to 2.3% - roughly in line with expectations. This article was written by Justin Low at www.forexlive.com.

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