EU inflation in August +9.1% vs +8.9% in July, forecast 9%

EU inflation in August +9.1% vs +8.9% in July, forecast 9%
Photo by Yuedongzi CHAI / Unsplash

The month-on-month change is +0.5% vs. +0.1% in July and expected +0.4%.

Eurozone bond yields are making new highs.

The probability of ECB rate increase by 0.75% is increasing.

A more aggressive ECB policy increases the chances of a recession.