Eurozone June final CPI +0.1% vs +0.1% m/m expected

Latest data released by Eurostat - 18 July 2018

  • Prior +0.5%
  • Final CPI +2.0% vs +2.0% y/y prelim
  • Core CPI +0.9% vs +1.0% y/y prelim

Preliminary figures can be found here. Core inflation is revised a tick lower to +0.9%, not too good news as it means that inflation slowed down more than expected. That's not going to help the whole bullish inflation rhetoric by the ECB all too much.

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