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Eurozone final CPI picks up in Jan, but misses expectations

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 25, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The annualized Euro zone CPI figures accelerated in Jan, although came in below estimates, the final print showed on Thursday.

    Euro zone’s consumer prices rose 0.3% y/y in January, as compared to the 0.2% uptick seen in December. However, the figures failed to meet market estimates that had predicted a 0.4% rise.

    The more important core figures, stripped of alcohol, tobacco, food and energy, rose 1.0% y/y last month, having booked the same in December.

    The CPI gauge on monthly basis, climbed sharply higher by 1.4%, following the zero growth witnessed in December.
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