Free Trial

AUG FLASH HICP +1.5% Y/Y, JUL +1.3%, JUN...>

EMU DATA
MNI (London)
EMU DATA: AUG FLASH HICP +1.5% Y/Y, JUL +1.3%, JUN +1.3%,MAY +1.4%
AUG Y/Y FLASH ABOVE MNI MEDIAN FCAST OF +1.4%
AUG 'CORE' HICP +1.2% Y/Y; MATCHES MNI MEDIAN FCST 
AUG FLASH HICP ENERGY +4.0% Y/Y
AUG FLASH HICP FOOD/ALCOHOL/TOBACCO +1.4% Y/Y
--------------------------------------------------------------
Euro area July headline inflation inched higher from the July print, while the
stubbornly low core reading was unchanged, according to preliminary data
released by Eurostat on Monday. The August headline reading of 1.5% on the year
was a little above market expectations centering on 1.4%, and higher than the
1.3% recorded in July. February saw the headline inflation number pushed through
the European Central Bank's official inflation target for the first time since
January 2013.
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
}); window.REBELMOUSE_ACTIVE_TASKS_QUEUE.push(function(){ window.dataLayer.push({ 'event' : 'logedout', 'loggedOut' : 'loggedOut' }); });