August’s increases in German and Spanish HICP inflation point to an increase in eurozone inflation to about 1.5%. But the relatively subdued rates of core inflation in both economies support the ECB’s inclination to reduce its policy support only gradually.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services