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Friday, March 31, 2023

Fundamental: Euro-area inflation: lower but stickier

Forex Factory
 
 
Alert Alert Apr 1, 2023, 3:40am
 
Fundamental: Euro-area inflation: lower but stickier
Inflation drops sharply on base effects from energy price increases in March last year, while core inflation continues to increase driven by higher service price inflation, which will keep the ECB worried about the stickiness of inflation. Euro-area inflation dropped to 6.9% y/y in March according to the flash estimate. That is a decent drop from 8.5% y/y ...
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