July 2016 Eurozone CPI flash 0.2% vs 0.1% exp y/y

Details of the July 2016 Eurozone CPI flash data report 29 July 2016

• Prior 0.1%

• Core 0.9% vs 0.8% exp y/y. Prior 0.9%

The good news is that inflation held up despite energy falling 6.6% vs 6.4% prior y/y. Food, alcohol and tobacco looked like it did most of the lifting rising 1.4% from 0.9% prior. Unprocessed food took up most of that, +2.8% vs 1.5% prior.

Eurozone CPI & core y/y