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- Eurozone's inflation trend softening – TD Securities
Eurozone's inflation trend softening – TD Securities
Analysts at TD Securities note that Eurozone’s inflation was on the soft side for August.
- “Headline inflation was in line with consensus at 1.0% y/y, but core CPI surprised to the downside at 0.9% y/y (mkt 1.0%). The trend there is still looking quite soft into the ECB meeting coming up in two weeks, supporting the need for further easing.”
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