Eurozone August final CPI +5.2% vs +5.3% y/y prelim

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• Prior +5.3%
• Core CPI +5.3% vs +5.3% y/y prelim
• Prior +5.5%

A slight revision to the headline figure but the positive news is that the core reading has toned down compared to July. That being said, at above 5%, it is still way too high for the ECB’s liking. But we’ll see how the trend develops in the months ahead.