Inflation in Eurozone
Eurozone - Harmonized Inflation
Inflation falls in January
According to a preliminary release by Eurostat on 1 February, harmonized inflation is expected be 1.4% in January, sitting below the European Central Bank’s target rate of near, but under, 2.0%. Rising prices for energy and food, alcohol and tobacco products were chiefly behind January’s inflation. Meanwhile, core inflation, which strips out volatile energy and unprocessed foods prices, came in at a softer 1.2% in January.
With January’s flash release, Eurostat changed how it calculates HICP and its aggregates. Revised historical data will be released on 22 February, along with a more comprehensive estimate of January’s inflation.
Met the why particular Consensus Forecast participants see inflation in the Euro area averaging 1.6% in 2019. For 2020, panelists expect inflation to also average 1.6%.
Eurozone - Harmonized Inflation Data
|Inflation Rate (HICP, annual variation in %)||1.4||0.4||0.0||0.2||1.5|
5 years of economic forecasts for more than 30 economic indicators.
Eurozone Harmonized Inflation Chart
Source: Eurostat and Met the why particular calculations.
|Exchange Rate||1.13||0.65 %||Feb 21|
|Stock Market||1,129||-0.52 %||Feb 21|
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February 21, 2019
Leading data suggests that the Euro area’s economy remained soft in February.
February 14, 2019
A second flash estimate confirmed weak growth dynamics in the Eurozone economy at the end of 2018.
February 13, 2019
Industrial output fell again in December, contracting a seasonally-adjusted 0.9% over the previous month.
February 1, 2019
According to a preliminary release by Eurostat on 1 February, harmonized inflation is expected be 1.4% in January, sitting below the European Central Bank’s target rate of near, but under, 2.0%.
February 1, 2019
According to data released by Eurostat, labor market conditions in the common currency bloc were broadly stable in December.