Eurozone inflation is very low, no mater the ECB tries to induce the opposite

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Inflation in the euro zone rose to 1.4 percent on an annual basis in January, from 1.3 percent in December. The European statistics agency Eurostat reported this on the basis of a provisional figure.

The figure corresponds to the average expectation of economists. Core inflation, without the influence of the sharply fluctuating prices for energy and food and beverages, fell to 1.1 percent from 1.3 percent a month earlier.

About the author

Nicholas de Kramer

Nicholas de Krammer, а self-taught economic analytic with heave mathematical background. Math behind the economics (and economics behind math) is the strong side of the author. Contact him at [email protected]

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