European Monetary Union Consumer Price Index (YoY) meets forecasts (0.4%) in July

FXStreet.com (Barcelona)

Aug 14, 2014

European Monetary Union Gross Domestic Product s.a. (QoQ) below forecasts (0.1%) in 2Q: Actual (0%)

EMU: Annual CPI rises 0.4% in July, as expected

According to data released today by Eurostat, Eurozone annual inflation rose 0.4% in July, following 0.5% growth registered the previous month. This result is in line with analysts' forecasts. On a monthly basis CPI fell 0.7%, after growing 0.1%, below expectations of -0.6%.