- Prior +2.2%
- Core CPI +2.7% vs +2.7% y/y prelim
- Prior +2.8%
The core estimate is unchanged from the initial reading, so it just reaffirms that the ECB can still get away with sneaking in a rate cut later in the day.
The core estimate is unchanged from the initial reading, so it just reaffirms that the ECB can still get away with sneaking in a rate cut later in the day.