Research Detail
| 2023/06/23 / Erste Group Research |
Services inflation data in focus Next week (June 30), a first flash estimate of Eurozone inflation for June is expected. For June, we expect a further slight decline in inflation. This is mainly because the dynamics of energy and food prices have already started a sustained downward trend, which we expect to continue in the coming months. In contrast, the outlook for services inflation is more uncertain. The data also shows that, in the services segment, tourism and leisure & culture are keeping inflation dynamics high. A sustainable decline in services inflation is only possible with a visible slowdown in price dynamics in tourism and leisure & culture. This is not yet apparent at present. |
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General information
| Author | Erste Group Research |
| Date | 2023/06/23 |
| Language |  |
| Product name | Week ahead |
| Topic in focus | Macro/ Fixed income |
| Economy in focus | Eurozone, United States |
| Currency in focus | Euro, US Dollar |
| Sector in focus | - |
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