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BBEU / Runaway Services Inflation In Euro Area Spikes To Record. Core CPI Stays Near Record

Runaway Services Inflation In Euro Area Spikes To Record. Core CPI Stays Near Record
The CPI for services spiked by 5.6% in July, compared to a year ago, up from 5.4% in June and 5.0% in May, another record in the data going back to 1997, according to Eurostat today. “Core” CPI (without food and energy products that consumers buy) remained at 5.5% in July, same as in June, and up from 5.3% in May. Read More
Posted: Jul 31 2023, 22:45
Author Name: Seeking Alpha
Views: 112218

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