- Prior 8.9%
- Core CPI 4.3% vs 4.1% y/y expected
- Prior 4.0%
Eurozone inflation hits another record in August, with the core reading also climbing further on an annual basis. There is little doubt now that a 75 bps rate hike is in the bag now for the ECB, especially after all the more aggressive talk by policymakers over the past week.
