Eurozone headline inflation fell again in June to 5.3% from 5.5% a month earlier, which was bang in line with market consensus. A slight disappointment was core inflation, which flatlined at 5.5%. The eurozone economy grew by 0.3% in the second quarter increasing the chance of a soft landing.
Analysis
Eurozone Headline Inflation Drops to 5.3% as Expected but Core Inflation Proves Stickier
July Inflation Fails To Sway Markets and Focus Turns to August To Gauge the ECB’s Next Move in September
CoStar Analytics
August 1, 2023 | 9:50 AM
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