CANADA MAY RETAILS -0.8% VS FORECAST -0.6%, PRIOR +0.6%

MNI: Canada June Retails Fall And May Biggest Drop In A Year

MNI China Daily Summary: Friday, July 19

MNI BRIEF: China To Boost Consumer Spending, New Industries

MNI BRIEF: China Enhances Fiscal Response To Boost Economy

MNI BRIEF: China To Promote Migrates' Rights, Reform Hukou System

MNI: BAKER HUGHES US RIG COUNT 586; OIL RIGS 477; GAS RIGS 103

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

HICP Tracking Above Expected; Core Roughly In Line

EUROZONE DATA

With Portugal's inflation data in, we now have 76% of Euro area HICP reporting - Italy's 17% weighting will come in at the same time as the Eurozone print.

  • An in-line Italy HICP headline print of 5.6% Y/Y would translate into a Eurozone-wide headline HICP print of 5.2%, with upside risks of a 5.3% print. That would be above expectations of 5.1% Y/Y coming into the August inflation round (and unch from 5.3% in Jul).
  • Core HICP is harder to gauge but after France's data this morning it looks like it will come in at or close to the 5.3% Y/Y survey median coming into the week - that would represent a deceleration from the 5.5% in July.
Weighting %AUGUST FLASH HICP Y/Y
Germany27.76.4
France19.65.7
Italy16.65.6e
Spain11.02.4
Netherlands5.63.4
Belgium4.02.4
Austria3.47.6
Portugal2.43.7
Greece2.3NA
Finland1.9NA
Ireland1.54.9
Slovakia0.9NA
Croatia0.8NA
Lithuania0.6NA
Slovenia0.56.1
HomepageBulletMarketsFixed Income BulletsForeign Exchange Bullets

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.