Preliminary data emerging from several German states suggest a potential easing of inflation in June. Initial figures released Monday indicate a likely slowdown in the year-on-year inflation rate, which stood at 2.1 percent in May.
Among Germany’s largest states, North Rhine-Westphalia reported a rate of 1.8 percent, a decrease from 2.0 percent the previous month. Bavaria experienced a similar decline, falling from 2.1 percent to 1.8 percent. Inflation in Hessen remained relatively stable at 2.3 percent.
Niedersachsen registered an inflation rate of 2.2 percent, down from 2.3 percent in May, while Baden-Württemberg saw a slight increase, rising from 2.2 percent to 2.3 percent. Sachsen reported a rise from 2.3 to 2.4 percent and Berlin’s rate increased from 1.8 percent to 2.0 percent. Sachsen-Anhalt witnessed a reduction, falling from 2.8 percent to 2.5 percent. Brandenburg’s inflation rate remained unchanged at 2.2 percent.
Based on these initial state-level figures, a national inflation rate in the range of 1.9 to 2.1 percent is anticipated.
The Federal Statistical Office is scheduled to publish its provisional estimate for the national inflation rate later today, typically around 2:00 PM. Definitive figures will be released mid-month, although substantial revisions are rare.