German state CPI readings point to inflation climbing back above 3% in September

Well, the latest German state CPI readings are starting to paint a fairly clear picture ahead of the national report later today.The state readings released around the same time:Bavaria September CPI +3.2% vs +2.9% y/y priorSaxony September CPI +3.3% vs +2.9% y/y priorNorth Rhine Westphalia September CPI +3.3% vs +2.9% y/y priorBaden Wuerttemberg September CPI +2.9%…