Breaking: Eurozone Preliminary HICP inflation drops to 5.3% YoY in July vs. 5.3% forecast

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Breaking: Eurozone Preliminary HICP inflation drops to 5.3% YoY in July vs. 5.3% forecast
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Breaking: Eurozone Preliminary HICP inflation drops to 5.3% YoY in July vs. 5.3% forecast – by FXstreetNews Breaking Eurozone EURUSD Inflation EconomicIndicator

rose 5.3% in July vs. a 5.5% rise seen in June. The HICP inflation gauge beat expectations for a 5.3% increase.The bloc’s HICP inflation data have a significant impact on the market’s pricing of the

interest rate path. Markets are currently pricing a 75% probability of a rate hike pause by the ECB in September.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.

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