Latest data released by Destatis - 30 July 2019
- Prior +0.1%
- CPI +1.4% y/y
- Prior +1.5%
This continues the trend seen in the earlier state reports of a slightly weaker annual headline reading in July relative to June. This just reaffirms initial expectations going into the national release later today at 1200 GMT - whereby annual inflation is expected to slow from +1.6% y/y in June to +1.5% y/y in July.