9 Oct 2015
EMU’s CPI figures in the limelight – TDS
FXStreet (Edinburgh) - James Rossiter, Strategist at TD Securities, highlighted the relevance of the upcoming final inflation figures in the euro area.
Key Quotes
“The final readings for September’s euro area CPI figures aren’t likely to change from the preliminary prints (-0.1% y/y for headline, 0.9% y/y for core), but the release should provide some interesting details on underlying components”.
“We’ll look into the details of the non-energy industrial goods component in particular, which had been a good sign that underlying inflation was picking up for much of this year, but has completely stalled in the past two months”.
Key Quotes
“The final readings for September’s euro area CPI figures aren’t likely to change from the preliminary prints (-0.1% y/y for headline, 0.9% y/y for core), but the release should provide some interesting details on underlying components”.
“We’ll look into the details of the non-energy industrial goods component in particular, which had been a good sign that underlying inflation was picking up for much of this year, but has completely stalled in the past two months”.