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Trading news
31 Jan 2017
Eurozone flash CPI accelerates in Jan, beats expectations
According to Eurostat’s flash reading of Eurozone CPI report, the annual reading came in at 1.8% in Jan, higher than the consensus forecast of 1.6% and 1.1% last. While, the core figures remained flat at 0.9%, matching market expectations.
Separately, Eurozone Q4 GDP flash came in at +0.5% q/q, as widely expected, as compared to the previous +0.4% (revised higher).