February 2018 Eurozone CPI inflation data 28 February 2018

  • Prior 1.3%
  • Core 1.0% vs 1.0% exp/prior y/y

Italian CPI data

  • HICP 0.7% vs 1.0% exp y/y. Prior 1.1%
  • CPI 0.6% vs 0.7% exp y/y. Prior 0.8%

Yet another large European country with falling inflation but they haven’t knocked the headline Eurozone numbe rmuch and the core has held up. EURUSD picks itself up from a test of 1.2200 to trade at 1.2225.

 

Ryan Littlestone
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