July 2018 Eurozone final HICP inflation data 17 August 2018

  • Prior 2.0%
  • -0.3% vs -0.3% exp m/m. Prior 0.1%
  • Core 1.1% vs 1.1% exp y/y
  • -0.5% vs -0.5% exp m/m. Prior 0.0%

All on the money. Energy is starting to ramp up again. It rose 9.5% y/y vs 8.0% in June. That gives the ECB an excuse to focus on the core number as their means for policy changes.

Ryan Littlestone

Pin It on Pinterest