Prior +2.4%HICP +2.5% vs +2.5% y/y prelimPrior +2.8%
No changes to the initial estimate with core annual inflation seen at 2.9%, marking a fall below the 3% mark for the first time since February 2022. But there is still work to do in order to get it back down towards the desired 2% level.
This article was written by Justin Low at www.forexlive.com.
