Eurozone January final CPI +5.1% vs +5.1% y/y prelim

  • Core CPI +2.3% vs +2.3% y/y prelim

The preliminary report can be found here. No change to the initial estimates as this just reaffirms stronger euro area inflation to kick start the year. We’ll see how the trend develops in the months ahead as that will either help to keep or reduce the pressure on the ECB to hike rates.

EZ inflation 01-2022

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