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30th Jun 2023 09:31Eurozone, Weekly Monitor

  • Disinflation continued in the EZ in June, despite a base-effects driven rise in core inflation.
  • All signs point to inflation continuing its slide from here; even the core should fall back from July...
  • ...But the ECB will still hike next month, and probably again in September, given recent hawkish speak.

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Keywords for: 3 July 2023 Eurozone Monitor

Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence