Bavaria January CPI +2.5% vs +3.0% y/y prior ...Middle East

Hesse CPI +2.5% vs +2.4% y/y priorBrandenburg CPI +2.3% vs +2.4% y/y priorSaxony CPI +2.4% vs +3.2% y/y priorNorth Rhine Westphalia CPI +2.0% vs +2.5% y/y priorBaden Wuerttemberg CPI +2.3% vs +2.6% y/y prior

Taking everything into account, we could see German headline annual inflation come in at around the range of 2.1% to 2.3% later. The euro is lower on the day, down 0.2% to 1.0368 currently from around 1.0383 before this.

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

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