Latest data released by Eurostat - 30 April 2020
- Prior +0.7%
- Core CPI +0.9% vs +0.7% y/y expected
- Prior +1.0%
Headline annual inflation slipped to its lowest level since September 2016 but the good news is that core inflation did not fall off as sharply as expected, only easing a little under 1%. That said, price pressures in the region are expected to remain weak and subdued in the coming months as depressed oil prices will weigh on inflation.
