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

EMU DATA: JUL FLASH HICP +1.3% Y/Y, JUN +1.3%, MAY +1.4%,APR +1.9%

JUL Y/Y FLASH MATCHES MNI MEDIAN FCAST 

JUL 'CORE' HICP +1.2% Y/Y; ABOVE MNI MEDIAN FCST (+1.1%)

JUL FLASH HICP ENERGY +2.2% Y/Y

JUL FLASH HICP FOOD/ALCOHOL/TOBACCO +1.4% Y/Y

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Euro area July headline inflation was unchanged from the June print, while the

stubbornly low core reading was higher, according to preliminary data released

by Eurostat on Monday. The July headline reading of 1.3% on the year was in line

with market expectations centering on 1.3%, unchanged on the 1.3% recorded in

June. February saw the headline inflation number pushed through the European

Central Bank's official inflation target for the first time since January 2013.