Eurozone January final core CPI +1.4% vs +1.4% y/y prelim

Latest data released by Eurostat – 23 February 2021

  • CPI +0.9% vs +0.9% y/y prelim
The preliminary report can be found here. No change to initial estimates as this reaffirms a bounce in inflation figures to start the year.
That said, it needs to be put into context as the German VAT changes and CO2 tax introduction has played a key role in inflating the numbers to start the new year.