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Saxony March CPI +8.3% vs +9.2% y/y prior
The monthly reading reflects a 0.9% increase in price pressures though but the drop in headline annual inflation fits with what we have seen from the other state readings earlier. This should set up the national reading later to come in somewhere between 7.2% to 7.5% (estimate is 7.3%) I would say given the wide ranges from the other states.
This article was written by Justin Low at www.forexlive.com... Read More Posted: Mar 30 2023, 09:00
Author Name: forexlive
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