Bavaria March CPI +1.8% vs +1.3% y/y prior

Latest data released by Destatis - 30 March 2021

• Prior +1.3%

This ties in with what we observed in the Baden Wuerttemberg and North Rhine Westphalia readings earlier, in that inflation pressures are expected to tick significantly higher in March - reaffirming the national reading estimates.

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

• Hesse CPI +1.7% y/y
• Prior +1.0%
• Brandenburg CPI +2.0% y/y
• Prior +1.4%

In case you're wondering, the Saxony report was rescheduled for release at 0900 GMT.