As expected, eurozone CPI increased 0.8% on year in December, slightly slower than the 0.9% increase in November. Inflation remains well below the ECB's target of just under 2% amid concerns that Europe faces the threat of deflation. It's worth noting that CPI fell in Greece, Cyprus, Bulgaria and Latvia. U.S. CPI for December is due out this morning as well, with analysts estimating that inflation rose 0.3% on month after being flat in November.
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment