GERMAN DATA: State CPIs tracking marginally above national consensus
Sep-30 08:07
Bavaria and Berlin both CPI looked a bit on the strong side with the the other states so far broadly in line with the expectations for the national side.
But overall that means we are so far tracking 0.2-0.3%M/M and around 2.4%Y/Y.
The consensus for national was 0.2%M/M and 2.3%Y/Y so we are tracking marginally higher.