Bavaria September CPI +4.1% vs +5.9% y/y prior

<p>The other state readings released at around the same time:</p><ul><li>Hesse CPI +4.7% y/y</li><li>Prior +6.0%</li><li>Brandenburg CPI +5.6% y/y</li><li>Prior +7.1%</li><li>Baden Wuerttemberg +5.1% y/y</li><li>Prior +7.0%</li></ul><p>This fits with the earlier reading from NRW, which reaffirms that we are to see a notable drop in annual inflation in Germany this month. That should also apply to the core reading, which will be known later once we get to the national release.</p>

This article was written by Justin Low at www.forexlive.com.