Eurozone CPI slowed from 8.6% yoy to 8.5% yoy in February, above expectation of 8.2% yoy. CPI core all items ex energy, food, alcohol and tobacco) rose from 5.3% yoy to 5.6% yoy, above expectation of 5.3% yoy. Looking at the main components, food, alcohol & tobacco is expected to have the highest annual rate […]
The post Eurozone CPI ticked down to 8.5% yoy in Feb, core CPI rose to 5.6% yoy appeared first on Action Forex.
In an interview with the Financial Times, ECB President Christine Lagarde expressed optimism about nearing the inflation target. She remarked that ECB is “very close” to declaring that inflation has been “sustainably” brought back to Read more…
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