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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.
EUROZONE DATA
From MNI's Eurozone Inflation Insight out today: the ECB's estimates of seasonally adjusted Eurozone July inflation figures out yesterday show a notable month/month core pickup that is slightly obscured by the static Y/Y figures (core HICP was 5.5%, unchanged from June).
- The headline HICP rate accelerated to 0.4% M/M (highest since February) vs 0.3% in June. That's a big divergence in the series vs the more widely circulated Eurostat reading of -0.1% M/M which is on a non-SA basis (and the lowest monthly reading since January).
- Per the ECB’s seasonally-adjusted figures provided separately to the official Eurostat data, M/M core and services inflation looks to have remained steady at a high rate in July at 0.44% / 0.38% (were 0.36% M/M and 0.45% respectively in June, per ECB estimates)..
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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