Eurozone June preliminary CPI +2.0% vs +2.0% y/y expected

• Prior +1.9%
• Core CPI +2.4% vs +2.4% expected
• Prior +2.4%

Core annual inflation is seen steady at 2.4%, similar to that in May. So, nothing here that will really change up the narrative as the ECB is set to put monetary policy on pause through the summer.

This article was written by Justin Low at www.forexlive.com.