Prior +2.2%HICP +2.6% vs +2.7% y/y expectedPrior +2.5%
The readings are a marginal miss on estimates but are a touch higher compared to June. Services inflation are still a sticky point at 2.5% but at least much lower than in June, seen at 2.9% last month.
This article was written by Justin Low at www.forexlive.com.
