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Eurozone August preliminary CPI -0.2% vs +0.2% y/y expected

Eurozone August preliminary CPI -0.2% vs +0.2% y/y expected

Latest data released by Eurostat – 1 September 2020
The ECB may still afford to wait for now before reacting but a more severe drop in price pressures and inflation expectations potentially deanchoring may prompt some form of action. If anything else, don’t expect them to be too happy with a rising euro.

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Date: September 1, 2020, 19:05