North Rhine Westphalia November CPI +10.4% vs +11.0% y/y prior

Read full post at forexlive.com

The monthly reading is what arguably stands out, with it reflecting a 0.8% drop in consumer price inflation in November. That’s a standout for Germany’s industrial state and if the other state readings follow, we could see softer prints and a potential drop back below double-digits for the national headline reading later today. The details: