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BREAKING: EUR muted after final CPI data

11:01 AM 18 March 2024

CPI inflation data for February from euro area was released today at 10:00 am GMT. As this was a revision to an already-released flash release, no major market reaction was expected. Report confirmed preliminary reading, showing no revisions in headline or core measures. As such, it should not come as a surprise that there was barely any market reaction. EURUSD continues to trade near the 1.0900 mark.

Euro area, CPI inflation for February (final)

  • Headline (annual): 2.6% YoY vs 2.6% YoY in first release
  • Headline (monthly): 0.6% MoM vs 0.6% MoM in first release
  • Core (annual):3.1% MoM vs 3.1% YoY in first release

Source: xStation5

Source: Eurostat

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