Eurozone's inflation trend softening – TD Securities

Market news

30 August 2019

Eurozone's inflation trend softening – TD Securities

Analysts at TD Securities note that Eurozone’s inflation was on the soft side for August.

“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.”

ECB's governing council member Rehn: It is important that ECB continues with rather accommodative policy

Italian consumer price index increased by 0.5% in August

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.