Details of the May 2015 Eurozone HICP flash data report 2 June 2015
- Prior 0.0%
- Core 0.9% vs 0.7% exp y/y. Prior 0.6%
That jump in the core will be very welcome news for the ECB, particularly ahead of the mon pol meeting tomorrow
EURUSD is higher at 1.0995 and finding resistance ahead of the big figure
Energy on it's own was down 5.0% vs -5.8% in April. there was also a pick up in non-energy industrial goods and services. With PPI prices still falling and the currency still weak, Europe has a competitive edge that it needs to grasp with both hand
Eurozone HICP & Core y/y
