September 2018 Eurozone HICP flash 28 September 2018
- Prior 2.0%
- Core 0.9% vs 1.1% exp y/y. Prior 1.0%
That’s a big blow to ECB hawks as the core not only misses expectations of a rise but goes backwards. Until that core number gets to at least 1.5%, the eCB are going to be in a bind come their next supposed end of QE date in Dec.
- Catch the all new Flow Show starting Monday 16th May - May 13, 2022
- Has the EUR worm turned? - April 21, 2022
- Exclusive – Large natural gas field discovered in France could ease Europe’s dependency on Russian supplies - April 1, 2022