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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.
MNI (LONDON) - Headline inflation across the euro area edged higher in June, flash data released by Eurostat Wednesday showed.
Inflation ticked up to 2.6% year-on-year from 2.5% in June, the data showed, with the main core inflation again unchanged at 2.9% y/y. Services inflation edged lower to 4.0% y/y, with core goods inflation edging higher to 0.8%, despite a sharp 2.6% decline month-on-month.
The ECB will eye the data carefully before the September meeting, but will get a closer look at the final monthly data and the preliminary August data before a decision on whether or not to cut again needs to be made.
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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.
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