Eurozone July final CPI +0.4% vs +0.4% y/y prelim

Latest data released by Eurostat - 19 August 2020

  • Core CPI +1.2% vs +1.2% y/y prelim

The preliminary release can be found here. No change to initial estimates as this just reaffirms a modest bounce in inflation pressures last month despite the fallout from the virus crisis. That said, we'll have to see how the trend develops over the coming months to have a better sense of how price pressures are progressing moving forward.

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