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31st May 2023 15:02Eurozone, Daily Monitor

  •  Advance data point to a downside surprise in today’s EZ inflation report; fade hawkish ECB-speak.
  • German core inflation is now rolling over, irrespective of summer volatility in transport services.
  • The May CPI in France points to cracks in the national core rate; surveys suggest more to come.

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core inflation cpi ez ez inflation france german core inflation inflation May May cpi summer surveys transport

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Keywords for: 1 June 2023 Eurozone Monitor

core inflation, cpi, ez, ez inflation, france, german core inflation, inflation, May, May cpi, summer, surveys, transport, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence