Eurozone May final CPI +2.6% vs +2.6% y/y prelim

Prior +2.4%Core CPI +2.9% vs +2.9% y/y prelimPrior +2.7%No changes to the initial estimates as euro area inflation remains stickier in May. We'll have to see how the trend develops in Q3 to get a better idea if the ECB may look to cut rates in September next. This article was written by Justin Low at www.forexlive.com.

Jun 18, 2024 - 16:00
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Eurozone May final CPI +2.6% vs +2.6% y/y prelim
  • Prior +2.4%
  • Core CPI +2.9% vs +2.9% y/y prelim
  • Prior +2.7%

No changes to the initial estimates as euro area inflation remains stickier in May. We'll have to see how the trend develops in Q3 to get a better idea if the ECB may look to cut rates in September next.

This article was written by Justin Low at www.forexlive.com.
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