German Inflation Continues To Abate...

Below is the chart of Germany's year over year consumer price inflation (CPI). This morning's report showed another month/month decline. It looks increasingly likely that Germany's inflation rate will approach 1-1.5% year over year growth within the next 3 months.

This, on the margin, is bullish for German Equities.

We remain long Germany via the EWG etf.
KM