Latest data released by Eurostat - 31 August 2018
- Prior +2.1%
- Core CPI +1.0% vs +1.1% y/y expected
- Prior +1.1%
A slight miss on the headline and core reading there. Not really a good sign for the ECB as it means that they're not going to be able to boast about their inflation rhetoric. They're still likely to point towards the headline reading meeting their target but the core measure is what really matters and it's not showing much improvement in the last few months.
