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.
EZ JUN FLASH HICP +0.3% M/M; +1.9% Y/Y; MAY +2.0% Y/Y
EZ JUN FLASH CORE HICP +0.3% M/M; +0.9% Y/Y; MAY +1.0% Y/Y
EZ inflation eased to 1.9% in Jun, confirming market expectations (BBG: +1.9%).
Similarly, core inflation edged down to 0.9% in Jun, following May's uptick to 1.0%.
Jun's downtick was led by a deceleration of energy inflation to 12.5%, down from 13.1%, and of service inflation which slowed to 0.7% after rising to 1.1% in May.
On the other hand, prices for non-energy industrial goods increased to a five-month high of 1.2%, while food inflation accelerated to 0.6%.
Among the member states, Estonia (3.7%), Lithuania (3.5%) and Luxembourg (3.4%) recorded the largest rates, while Portugal (-0.6%) was the only country to post a decline of consumer prices.
Source: Eurostat
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.