Latest data released by Destatis - 31 May 2019

  • Prior +0.7%; revised to +0.9%
  • CPI +1.6% y/y
  • Prior +2.0%; revised to +2.2%

No surprises here as the readings sit in-line with the Saxony and Bavaria readings earlier i.e. weaker inflationary pressures after a boost seen in April from Easter seasonality.