German North Rhine Westphalia CPI MoM (Dec) 0.0% M/M (Prev. -0.3%)

The German North Rhine Westphalia CPI came in at 0.0% month-over-month for December, rebounding from a previous decline of -0.3%.

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ECB's Villeroy says recent French CPI reading is good news for favourable rates

[MARKET UPDATE] Bund Mar'26 lifted from 127.40 to a session peak of 127.62 within a few minutes of German State CPIs; potentially on the North Rhine Westphalia M/M printing at 0.00%, whilst the Nationwide M/M expectation implies a slightly firmer reading

German North Rhine Westphalia CPI MoM (Dec) 0.0% M/M (Prev. -0.3%)

[MARKET UPDATE] Crude futures rise despite a lack of clear catalysts; price action elsewhere stable at the time of writing; WTI Feb +0.2%, Brent Mar +0.3% last

German HCOB Composite Final PMI (Dec) 51.3 vs. Exp. 51.5 (Prev. 51.5)

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This flat reading suggests some stabilization in consumer prices in the region, which could imply less immediate pressure on the ECB for aggressive monetary policy adjustments. Market participants will be closely watching if this trend holds in upcoming releases to gauge broader inflationary dynamics.

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