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.
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