Early indicators from several German states suggest a potential easing of inflation in June, following a rate of 2.1 percent in May. Preliminary data released Monday morning reveal varying trends across the country.
North Rhine-Westphalia, Germany’s most populous state, registered an inflation rate of 1.8 percent, a decline from the 2.0 percent observed in the prior month. Similarly, Bavaria saw a reduction, falling from 2.1 to 1.8 percent. Inflation remained steady in Hessen at 2.3 percent.
Niedersachsen reported a rate of 2.2 percent, down from 2.3 percent in May. Baden-Württemberg experienced a slight increase, rising from 2.2 to 2.3 percent. In contrast, Saxony saw an uptick, climbing from 2.3 to 2.4 percent, while Berlin increased from 1.8 to 2.0 percent. Sachsen-Anhalt demonstrated a decrease, falling from 2.8 to 2.5 percent, while Brandenburg maintained a rate of 2.2 percent.
Based on these initial reports, economists anticipate a nationwide inflation rate for June to likely fall within the range of 1.9 to 2.1 percent.
The Federal Statistical Office is scheduled to publish its preliminary estimate for the national inflation rate later today, typically around 2:00 PM. The finalized figures will be released mid-month, with revisions being exceptionally rare.
