Look at me speaking German. Isn’t the interweb a wonderful thing?

Translation (If it’s worked properly):- “It’s german inflation day and here’s the rundown”

Mike caught some of the numbers earlier and here’s what has been out so far;

All CPI y/y figures for June

  • Saxony 0.9% vs 0.8% prior
  • Brandenburg 0.9% vs 0.8% prior
  • Hesse 0.9% vs 0.7% prior
  • Bavaria 0.7% vs 0.6% prior
  • North Rhine Westphalia 1.2% vs 1.1% prior
  • Added: Baden Wuerttemberg 0.9% vs 0.8% prior

The main national number is due at 13.00 (gmt+1) and here’s what is expected;

  • HICP 0.7% exp from 0.6% prior y/y
  • 0.2% exp from -0.3% prior m/m
  • CPI 1.0% exp from 0.9% prior y/y
  • 0.2% exp from -0.1% prior m/m

By and large the numbers show a slight increase in prices which will be welcome news for the ECB. We’re unlikely to get much reaction from the euro as the regions more or less tell the tale.