Eurozone Final Inflation Arrives at 0.3% MoM in January

Eurozone’s Inflation came in at 5.1% in January, on a yearly basis, according to Eurostat’s final reading of the Eurozone CPI report for the month. The reading was in line with the estimates of 5.1% and 5.1% previous. Core figures rose by 2.3%, matching the 2.3% consensus forecasts.

When compared to December, the bloc’s CPI rose by 0.3% versus 0.3% expected and 0.4% in seen the previous month while the core CPI numbers also came in at -0.9% versus -0.8% expected and -0.8% last.