Data releases were limited this week, but several tier-two indicators and the first August inflation estimates from individual euro area countries were published. Inflation rose broadly as expected to 2.7% y/y in France and 4.5% y/y in Spain, driven by higher energy prices, particularly motor fuels. More importantly, underlying inflation remained subdued, with core inflation […]The post Weekly Focus – No Energy Spillovers to Core Inflation in Europe appeared first on ActionForex.