Latest data released by Destatis - 29 June 2021

This reaffirms some moderation in the annual inflation reading, though the month-on-month is still positive. That is likely due to some reduction in base effect adjustments but if anything, the national reading later is likely to be around +2.3% to +2.4% y/y.

The releases for Hesse and Brandenburg scheduled for the same time:

  • Hesse CPI +2.2% y/y
  • Prior +2.5%
  • Brandenburg CPI +2.6% y/y
  • Prior +2.6%