Eurozone flash Core CPI surprises positively in July

According to Eurostat’s flash reading of Eurozone CPI report, the annual reading came in unchanged 1.3% in July, matching the consensus forecast. While, the core figures surprised to the upside, coming in at 1.3% in July versus 1.1% expected and 1.2% seen in June.

Separately, the Eurozone June unemployment rate came in 9.1% versus 9.3% previous and 9.2% estimates.