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Market Update

Eurozone Final CPI Revised Lower in July

According to Eurostat’s final reading of the Eurozone CPI report for July, the consumer prices came in at 2.2% on a yearly basis, meeting 2.2% expectations. While the core figures rose by 0.7%. Month-on-month inflation in the region fell 0.1%, in line with the median forecast of economists polled by …

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UK Inflation Slows More Than Expected in July

British inflation slowed faster than expected in July, according to official data released on Wednesday, August 18, to 2% on an annual basis, compared to 2.5% in June. Economists polled by Reuters had expected inflation for July to be 2.3%. Official data showed that the rate of inflation in Britain …

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