Eurozone: Flash core CPI to pick up slightly in February - TDS
|Analysts at TD Securities (TDS) offer a sneak peek at what to expect from Tuesday’s Eurozone Preliminary Inflation report.
Key quotes:
“We expect the flash core euro area CPI for February to pick up a touch to 1.2% y/y (mkt: 1.2%), while the drop in crude oil prices should see headline HICP slip to 1.2% y/y (mkt: 1.2%).
This would leave inflation on track to come in a bit firmer than the ECB forecasted for Q1 in its December staff forecasts, and should be of some comfort after a long series of downside surprises.”
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.