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Eurozone inflation disappoints, but signs of consumer pushback bode well for the outlook – ABN AMRO

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Post author By admin_biglotfx
July 31, 2024
No Comments on Eurozone inflation disappoints, but signs of consumer pushback bode well for the outlook – ABN AMRO

The flash estimate for HICP inflation showed an unexpected but marginal rise in headline inflation in July, to 2.6% from 2.5% in June. Core inflation held steady at 2.9%, against our expectations for a fall to 2.7%, ABN AMRO senior economist Bill Diviney notes. Inflation disappoints in July, but silver linings below the surface “Looking […]

Tags Banks, ECB, Europe, Eurozone, Inflation

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