FX.co ★ Saxony Inflation Edges Down to 2.8% in May, Extending Disinflation Trend

Consumer price inflation in Germany’s Saxony region eased slightly in May 2026, with the year-over-year Consumer Price Index (CPI) reading coming in at 2.8%, down from 2.9% in April. The latest data, updated on 29 May 2026, confirm a modest continuation of the disinflation trend in the region.

Both the current and previous readings are measured on a year-over-year basis, comparing each month’s price levels to the same month a year earlier. April’s 2.9% annual increase has now been followed by May’s 2.8%, suggesting that while price pressures remain present, they are gradually cooling in Saxony. Investors and policymakers will be watching upcoming regional and national releases to see whether this decline consolidates into a more sustained move toward lower inflation.