Free Trial

MNI: EUROZONE DATA: Final HICP (June 2019) Preview...>

MNI, NEWS
MNI: EUROZONE DATA: Final HICP (June 2019) Preview - 10:00 BST
----------------------------------------------------------------------- 
- HICP: Flash (June): 1.2% y/y; Previous (May): 0.1% m/m; 1.2% y/y 
- Core HICP: Flash (June): 1.1% y/y; Previous (May): 0.8% y/y 
- The flash estimate for EZ inflation matched May's level, weakest since Apr
2018 
- The final release is expected to confirm the flash readings...
-...although Germany's annual HICP was revised up 0.2pp from the flash to 1.5% 
- June HICP in France (1.4%), Italy (0.8%) and Spain (0.6%) were all unchanged
from flash estimates 
- June's rise in core inflation was driven by an acceleration of services and a
rise in food inflation 
- However, the upward pressure on the headline rate from core was offset by a
sharp easing in energy inflation 
- With energy price inflation set to weaken in the months ahead, the headline
HICP rate could fall further this year

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.