Eurozone: Focus on final estimate for inflation in June - Rabobank

Elwin de Groot, Senior Eurozone Strategist at Rabobank, suggests that this morning, Eurostat will release its final estimate for Eurozone inflation in June.

Key Quotes

“With both headline and core inflation already available from the preliminary estimate, this is unlikely to be a market mover. Details may shed some further light on the question whether or not recent downward pressures on industrial goods prices on the producer side are filtering through to the consumer. This would tell us something about the pricing power of companies, which so far has been largely absent.”