Prior +1.6%HICP +1.8% vs +1.7% y/y prelimPrior +1.7%
Slight delay in the release by the source. Core annual inflation increased slightly from 1.9% in May to 2.0% in June. But overall, the ECB can be satisfied with these levels as compared to what we’re seeing with the likes of Germany.
This article was written by Justin Low at www.forexlive.com.