September 2018 Eurozone final HICP inflation data 17 October 2018
- Flash 2.1%. Aug 2.0%
- 0.5% vs 0.5% exp m/m. Prior 0.2%
- Core 0.9% vs 0.9% exp y/y. Flash 0.9%. Aug 1.0%
Confirms the drop back in the core and that will weigh on the ECB’s thinking, even with headline inflation above target. EURUSD unchanged at 1.1563.
Also out, construction output for Aug
- -0.5% vs 0.3% prior m/m. Revised to -0.1%
- 2.5% vs 2.6% prior y/y. Revised to 2.2%
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