Mmastodon BusinessEconomy first seen 4 h ago, last 1 min ago, peak #9
Euro area inflation expected to hit 3.5% in September
Original: # euro area # inflation Economists polled by @Reuters expect consumer prices in Sept to have risen by 3.5%Y, up from 3.2
Economists polled by Reuters expect euro area consumer prices to have risen 3.5% year-on-year in September, up from 3.2% in August, which would mark the fastest pace in nearly three years. Eurostat's flash estimate is due on Friday, and markets are watching whether the upturn proves persistent enough to influence European Central Bank policy on interest rates.
Why now: The flash inflation estimate due Friday is seen as a key test of whether euro area price pressures are reaccelerating, with implications for ECB policy.
EurostatReutersEuropean Central Bankeuro area
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Evidence
- # euro area # inflation Economists polled by @Reuters expect consumer prices in Sept to have risen by 3.5%Y, up from 3.2% in Aug, the fastest pace in close to 3y, when @EU_Eurostat publishes its flash estimate on Friday, chart @FT https://www. ft.com/content/08fe7323-5a2f-4… · acemaxxanalytics@econtwitter.net · 3
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