August 2018 Eurozone HICP inflation data 31 August 2018
- Prior 2.1%
- Core 1.0% vs 1.1% exp y/y. Prior 1.1%
- Ex-energy 1.3% vs 1.4% prior
- Ex-energy/food 1.2% vs 1.3% prior
A slight drop in inflation but still around the ECB target, although the core is still lagging which will keep them on the easy side of the fence. A minor move south in EURUSD to 1.1665 from 1.1670.