Eurozone inflation slowed to a minimum in 11 months to January

Trading 01 fév 2019 Donner votre avis

According to the statistical report of the EU Eurostat, the growth rate of consumer prices in the eurozone slowed down in January to a minimum in the previous 11 months. Inflation rose by only 1.4% year-over-year in January, while in December last year, the corresponding figure rose by 1.6%. The index of low index growth coincided with market expectations. As you know, the target inflation rate of the European Central Bank (ECB) is the "lower, but close to 2%" area.

The core inflation in January (excluding energy , alcohol and tobacco prices) accelerated to 1.1% after rising 1% in December 2018. Experts predicted that this indicator would remain unchanged.

The largest increase in January was demonstrated by energy prices (2.6%); Consequently, food, alcohol and tobacco increased in price by 1.8%. The cost of services increased by 1.6%, manufactured goods went up by 0.3%.

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