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According to analysts at TD Securities,  Eurozone’s inflation was on the soft side for August.

Key Quotes

“Headline inflation was in line with consensus at 1.0% y/y, but core CPI surprised to the downside at 0.9% y/y (mkt 1.0%). The trend there is still looking quite soft into the ECB meeting coming up in two weeks, supporting the need for further easing.”