Bavaria CPI February: +0.7% m/m, +1.4% y/y January: -0.6% m/m, +1.8% y/y --- Pan-German CPI MNI median forecast: +0.7% m/m, +1.7% y/y MNI forecast range: -0.5% to +0.8% m/m January: -0.5% m/m, +1.7% y/y --- BERLIN (MNI) - Consumer prices in the western German state of Bavaria rose 0.7% in February, dampening the annual inflation rate to +1.4% from +1.8%, the state statistics office said Thursday. The monthly result is in line with the median forecast for pan-German CPI in a MNI survey Read more [...]

Germanys Free State of Bavaria is now set to phase out tuition fees. Its Christian Social-Free Democrat coalition government has worked out a political deal that would compensate higher education for losses. The Christian Social Union (CSU), Bavarias leading political party, introduced tuition fees for all students in 2007, and universities have usually charged around 500 (US$656) per semester. But in a recent popular initiative, 1.3 million votes were cast against fees. With both federal Read more [...]