Prior +2.0%CPI +0.3% vs +0.2% m/m expectedPrior 0.0%HICP +1.8% vs +1.9% y/y expectedPrior +2.0%HICP +0.4% vs +0.4% m/m expectedPrior +0.1%
The key figure to watch is core annual inflation and that is seen unchanged at 2.7% in July. This will just reaffirm the pause mode by the ECB through the summer with traders also not anticipating any moves in September next.
This article was written by Justin Low at investinglive.com.