Strong But Weak

The Eurozone May inflation figures came in weaker than expected due to soft services pricing, leading to a downward revision of headline and core HICP tracks to 3.17% and 2.47% respectively.

Key Takeaways

• 1.Eurozone May HICP figures were weaker than expected, particularly in services inflation.
• 2.Revised headline HICP tracking now stands at 3.17% YoY with core HICP at 2.47%.
• 3.The soft HICP print provides the ECB relief ahead of its upcoming monetary policy decision.

Table of Contents

• Strong but weak
• Recent publications
• Upcoming data highlights
• EUR Rates Dashboard
• USD Rates Dashboard
• Interest Rates Research advanced tools
• Red Mount Analytics

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