• Hesse CPI 7.6% vs 8.1% y/y prior
  • Brandenburg CPI 7.6% vs 8.0% y/y prior
  • Baden-Wuerttemberg CPI 7.1% vs 7.1% y/y prior

On the balance of things, the annual inflation readings are tilting a little lower even after the surprise from the higher reading seen in North Rhine Westphalia earlier in the day. It sets out a bit of mixed expectations and it will come down to the kicker from Saxony in the next hour. Just take note that all the monthly readings are higher though: Bavaria +0.6%, Hesse +0.4%, Brandenburg +1.0%, Baden-Wuerttemberg +0.8%.