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Saxony May CPI +6.5% vs +7.6% y/y prior
Given the readings from the state releases so far today, we should likely see the national reading later come in below the estimate of 6.5%. I reckon we should be getting something around 6.2% to 6.4%, which would represent a notable drop from the 7.2% reading in April.That said, just keep in mind that a lot of this is still to do with an adjustment to base effects as the high energy prices from last year are being phased out. This article was written by Justin Low at www.forexl...
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Posted: May 31 2023, 09:03
Author Name: forexlive
Views: 110880
