Home Banking Euro headline inflation increases due to energy, but core inflation remains weak (17 April 2015)

Euro headline inflation increases due to energy, but core inflation remains weak (17 April 2015)

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Dr. Platon Monokroussos,  Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A

Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A

Euro headline inflation increases due to energy, but core inflation remains weak

• According to the final estimate published by Eurostat1, euro area headline HICP inflation increased to ‐0.1% yoy in March 2015, from ‐0.3% yoy and ‐0.6% yoy in February and January, respectively (Figure 1). The main reason was the recent pickup in the energy price component, which increased by
1.7% on the month, as well as an improvement in food inflation. The lowest annual inflation rates were registered in Greece (‐1.9% yoy) and Cyprus (‐1.4% yoy), while the highest were recorded in Austria (0.9% yoy) and Romania (0.8% yoy).

Viewers can read herebelow the full report:

GLOBAL FOCUS NOTE_APRIL 17_HICP

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