Crédit Agricole Corporate and Investment Bank
July 1, 2026
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This report analyzes Eurozone inflation expectations, projecting lower headline and core HICP figures than market consensus. It attributes the minor downside surprise to volatile components like food and tourism rather than systemic weakness.
Key Takeaways
- 1.Eurozone inflation is expected to track lower than consensus for the June print.
- 2.No broad-based weakness is identified in inflation data; volatile components like unprocessed food and tourism drove the downside surprise.
Table of Contents
- Not that weak
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Authors
Matthias LoiseJean-François Perrin
Securities
Bund 2.50% 11/32
Themes
Central Bank PolicyInflation Forecasts
Regions
EuropeUnited StatesGermanyFrance
