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Bavaria June CPI +6.2% vs +6.1% y/y prior

The other state readings released at the same time:Hesse CPI +6.1% vs +5.9% y/y priorBrandenburg CPI +6.7% vs +6.3% y/y priorThe readings are just slightly higher but keep in mind that this also has much to do with base effects. In June last year, the German government introduced the €9 monthly rail pass so that consumers were able to cope with rising inflation at the time. That measure lasted to August and will be a consideration in assessing the year-on-year price pressures in the next few mon... Read More

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Bavaria

June

Prior

Forex

Posted: Jun 29 2023, 08:00

Author Name: forexlive

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