Eurozone | Services and core inflation increased, pushed by Germany

Summary

Inflation increased by 0.1 pp to -0.1% YoY in March, due to the significant rise of services prices, which resulted in an increase of core inflation to 0.9% YoY. Beyond the volatility of services prices during the last two months, we still expect subdued and stable core inflation, while oil prices will keep negative annual inflation rates until summer

Geographies

Topics

Tags