Euro area inflation confirmed to nudge up a little in July

July final CPI +2.9% vs +2.9% y/y prelim Prior +2.8% July final core CPI +2.5% vs +2.5% y/y prelim Prior +2.4% This just confirms that inflation pressures in the euro area did pick up a little in July, keeping ECB policymakers on their toes ahead of the September decision next month. The breakdown on headline inflation contribution is as such: Services +1.55% Energy +0.94% Non-energy industrial…