Eurozone HICP final September 2018 2.1% vs 2.1% exp y/y

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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Ryan Littlestone

Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”

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Latest posts by Ryan Littlestone (see all)

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