February 1, 2023

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Saxony April CPI +2.2% vs +1.7% y/y prior

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Latest data released by Destatis – 29 April 2021

The jump here owes much to base effect adjustments due to the crash in energy prices last April, but this just reaffirms that we should see a solid bump in the German national reading later in the day – around the region of +1.9% y/y to +2.0% y/y.

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