According to the flash estimates released this Tuesday, the Euro-zone consumer inflation, as measured by the headline CPI, is seen rising 2.1% y/y in July, slightly higher than 2.0% expected. Meanwhile, the core CPI also bettered market expectations and ticked higher to 1.1% yearly rate in the reported month as compared to 0.9% previous. Key Details (via Eurostat): Looking at the main components of euro area inflation, energy is expected to have the highest annual rate in July (9.4%, compared with 8.0% in June), followed by food, alcohol & tobacco (2.5%, compared with 2.7% in June), services (1.4%, compared with 1.3% in June) and non-energy industrial goods (0.5%, compared with 0.4% in June). This Euro-zone inflation report comes a day after the German Prelim CPI data was released, which showed that the German consumer price inflation rose at a slightly slower than expected pace of 0.3% in July, albeit the yearly rate held above the European Central Bank’s (ECB) target of just under 2% for the region. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Euro-zone prelim flash GDP steady at 0.3% q/q, yearly rate eases to 2.1% FX Street 5 years According to the flash estimates released this Tuesday, the Euro-zone consumer inflation, as measured by the headline CPI, is seen rising 2.1% y/y in July, slightly higher than 2.0% expected. Meanwhile, the core CPI also bettered market expectations and ticked higher to 1.1% yearly rate in the reported month as compared to 0.9% previous. Key Details (via Eurostat): Looking at the main components of euro area inflation, energy is expected to have the highest annual rate in July (9.4%, compared with 8.0% in June), followed by food, alcohol & tobacco (2.5%, compared with 2.7% in June), services (1.4%, compared with… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
