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Eurozone: Core inflation to hold up at 0.9% y/y in December – TDS

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 29, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Delhi) – Research Team at TDS, notes that January’s 0.4% y/y expected gain in headline HICP might be the best month for euro area inflation for some time.

    Key Quotes

    “With oil prices sharply lower, the euro appreciating somewhat in recent weeks, and momentum in core components slowing, we see risks of outright deflation for the better part of 16H1, following balanced risks around Friday’s release. Both TD and consensus see core inflation holding up at 0.9% y/y, the same as in December.”
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