Bavaria November CPI +2.8% vs +3.7% y/y prior

<p>The other state readings released around the same time:</p><ul><li>Hesse CPI +2.9% vs +3.6% y/y prior</li><li>Brandenburg CPI +3.4% vs +4.6% y/y prior</li><li>Baden Wuerttemberg CPI +3.4% vs +4.4% y/y prior</li></ul><p>All of this is pointing to a much, much softer inflation reading in Germany for the month of November. And in all likelihood, we should see the national reading come in well below the 3.5% estimate as well as the 3.8% reading from October. It seems like we are likely to see something near 2.9% by my estimation.</p>

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