Eurozone HICP Preview: Forecasts from four major banks, upside revision Eurozone EURUSD Inflation Macroeconomics Banks
Harmonised Index of Consumer Prices data for January on Thursday, February 23 at 10:00 GMT and as we get closer to the release time, here are the expectations forecast by the economists and researchers of four major banks regarding the upcoming EU inflation print.
Headline is expected at 8.7% year-on-year vs. 8.5% in December while core is set to remain unchanged at 5.2%. On a monthly basis, the HICP in the old continent is expected to fall by -0.4% in the reported period while the core HICP is also seen down by -0.8%.“In the preliminary estimate of the euro area inflation rate for January, Eurostat statisticians apparently assumed a previous month's rate of change in the harmonised consumerof -0.1% for Germany.
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