Eurozone CPI Jumps to 3.3%, but Softer Core Keeps ECB Debate Open

Eurozone inflation accelerated more than expected in August, but underlying pressures softened. Headline CPI rose from 2.9% to 3.3% y/y, above 3.2% consensus, while prices increased 0.4% m/m. By contrast, core CPI excluding energy, food, alcohol and tobacco eased from 2.5% to 2.4% y/y, undershooting 2.5% expected. That leaves a clear split between faster headline […]

The post Eurozone CPI Jumps to 3.3%, but Softer Core Keeps ECB Debate Open appeared first on ActionForex.