Story thread · 2 reports / 1 sources

Heads up: Eurozone inflation figures for August due later today

investinglive.com · 14dShare

Let's get right into it. Headline annual inflation is expected to move up to 3.3% (previously 2.9%) while core annual inflation is expected at 2.5% (previouly 2.5%). As always, the read on core prices is still the most important here. And while not expected to push up, it hasn't exactly come back down to 2% either. The bigger picture concern is that the more headline prices continue to be pushed up, be it due to higher energy prices and what not, there will eventually be spillovers to broader categories i.e. food and services. So, it doesn't mean that core prices keeping steadier is a "good sign". The report needs to be taken as a whole alongside the latest developments that are impacting price pressures globally. In that sense, the US-Iran conflict continuing as it is will not help the inflation outlook. That as energy prices continue to hold higher and shipping disruptions continue to bite at supply chains and the cost of raw materials. Given that consideration, the ECB knows very we

First report: Heads up: Germany states' CPI readings due later today — investinglive.com, 15d