Eurozone March flash CPI y/y +1.4% vs +1.4% expected

Latest data released by Eurostat - 4 April 2018

  • Prior +1.2%; revised to +1.1%
  • Core CPI y/y +1.0% vs +1.1% expected
  • Prior +1.0%

Headline as expected, but the core came in slightly lower. Not really going to be too much of an issue as I highlighted here.

EUR/USD still sitting near the highs just off the 1.2300 handle, EUR/GBP at 0.8730 trading mid-range. EUR/JPY near the lows at 130.51 as the yen is bid following the news on China's trade measures.

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