Euro area HICP inflation likely unchanged at +0.2% y/y in August – Danske Bank

Research Team at Danske Bank, suggests that today, euro area HICP inflation data for August is due out.

Key Quotes

“Based on yesterday's German HICP inflation figure, we now estimate that euro area HICP inflation was unchanged at +0.2% y/y in August. We estimate that HICP core inflation declined from 0.9% y/y in July to 0.8% y/y in August. We estimate the euro area unemployment rate rose to 10.1% in July from 10.0% in June.”