Latest data released by Eurostat - 30 March 2020
- Prior +2.0%
- CPI +0.1% m/m
- Prior +0.5%
The drop in annual headline inflation is expected on weaker energy prices but the good news here is that the core reading keeps steady at +1.9% y/y as seen above, well for now at least. That sort of negates the weaker headline reading at present but the market focus really isn't on inflation figures at the moment.
