Saxony September CPI +5.4% vs +6.8% y/y prior

<p>This just confirms that German annual inflation is set to ease in September, with the estimated reading being 4.6% – down from 6.1% in August. That said, the monthly reading is expected to show a rise in consumer prices with the Saxony reading also seen up 0.3% on the month. And with oil prices continuing to rise, that means the ECB can't rest on their laurels just yet.</p>

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