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Eurozone January preliminary CPI +1.4% vs +1.4% y/y expected

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Old 01-02-2019, 10:29
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Default Eurozone January preliminary CPI +1.4% vs +1.4% y/y expected

Latest data released by Eurostat - 1 February 2019- +1.6%- Prior +1.0%ForexLiveHeadline inflation slows to just +1.4% y/y but the story here is all about the core reading ticking higher to +1.1% y/y from +1.0% y/y seen in December. That will give the ECB some confidence that inflationary pressures aren't going away just yet

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