Eurozone Preliminary CPI spikes to 0.9% YoY in January vs. 0.5% expected

According to Eurostat’s flash reading of Eurozone CPI report, the annual reading came in at 0.9% in the first month of 2021, beating expectations of 0.5% and -0.3% previous.

The core figures came in at 1.4% in January when compared to 0.9% expectations and 0.2% recorded in December.

more to come ...