German states point to lower inflation amid hopes of ECB easing
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NewsTranscript
00:00While inflation eased in major German states in September, indicating a nationwide decline
00:05in Europe's largest economy as European Central Bank doves advocate for another rate cut.
00:13In North Rhine-Westphalia, Germany's most populous state, the inflation rate decreased
00:19to 1.5 percent year-on-year, down from 1.7 in August.
00:24The inflation rate in Bavaria decreased to 1.9 percent from 2.1 percent in the previous
00:30month.
00:31In Brandenburg, it fell to 1.4 percent from 1.7 percent.
00:36And in Saxony, it dropped to 2.4 percent from 2.6 percent.
00:40In Hesse, the rate declined to 1.2 percent from 1.5 percent.
00:46While in Baden-Württemberg, it slightly decreased to 1.4 percent from 1.5 percent.