Eurozone CPI cools to 1.7% in January, core ticks down to 2.2%

Eurozone flash CPI slowed from 1.9% yoy to 1.7% in January, in line with expectations. Underlying pressures also moderated slightly. Core CPI, which strips out energy, food, alcohol, and tobacco, edged down from 2.3% to 2.2% yoy. By component, services inflation remained the largest contributor but slowed to 3.2% from 3.4%. Food, alcohol, and tobacco […]

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