- Prior +2.3%
- HICP +2.2% vs +2.2% y/y prelim
- Prior +2.7%
Headline prices are showing a slowdown compared to July. However, core annual inflation did tick up a little from 1.5% in the previous month to 1.7% in August. But at these levels, the ECB can feel comfortable about it as compared to Germany for example.
This article was written by Justin Low at www.forexlive.com.
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