June 2018 Eurozone HICP final data 18 July 2018
- Flash 2.0%. May 1.9%
- 0.1% vs 0.1% exp m/m. Prior 0.2%
- Core 0.9% vs 1.0% exp. Flash 1.0%. May 1.1%
That core number is the main issue here. It’s just not playing ball and that will keep the ECB on the easing stance.
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