The other state readings released at the same time:
- Hesse CPI +5.9% vs +6.9% y/y prior
- Brandenburg CPI +6.3% vs +7.6% y/y prior
- Baden Wuerttemberg CPI +6.6% vs +7.3% y/y prior
Looking at the drop in annual inflation for German states, that could point to a considerable drag on estimates for the national reading later. I’ll put a brief estimation later alongside the Saxony report in the next hour.