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Eurozone January preliminary CPI +0.9% vs +0.6% y/y expected

Eurozone January preliminary CPI +0.9% vs +0.6% y/y expected

Latest data released by Eurostat – 3 February 2021
As mentioned , this shouldn’t change a thing in terms of the ECB outlook as the jump in inflation owes to a host of special circumstances to start the year. In any case, expect more volatility in the numbers to follow in the coming months as well.

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Date: February 3, 2021, 20:07