Eurozone Preliminary CPI misses Estimates with 0.9% YoY in February

According to Eurostat’s initial reading of the Eurozone CPI report for February, European Consumer Price Index (CPI) came in steady at 0.9%. This annual reading is missing the estimation of 1%.

The core reading rose by 1.1% annually in same period when compared to the estimated reading of 1.1% and 1.4% in January.