Eurozone inflation surprised higher in February: headline HICP hit 1.9%, core 2.4%; euro mixed, EUR/USD fell.
Greece’s unemployment rate rose to 7.7% in January from 7.5% in December, a 0.2-point increase.
Eurozone core HICP inflation rose 2.4% year-on-year in February, beating forecasts and signalling persistent underlying price pressures.
Eurozone HICP rose 1.7% month-on-month in February, reversing January’s 0.6% decline and signalling inflation pressures.
Italy’s consumer price index rose 0.8% in February, beating forecasts for a 0.2% monthly increase.
Italy’s EU-harmonised CPI rose 0.6% in February, beating 0.1% forecasts, signalling faster-than-expected inflation.
Italy’s EU-harmonised consumer price index rose 1.6% year-on-year in February, beating forecasts of 1.1%.
Italy’s CPI inflation rose to 1.6% year-on-year in February, accelerating from 1.0% in the prior period.
Eurozone HICP inflation climbed to 1.9% in February, beating the 1.7% forecast by 0.2 points.
Spain’s six-month Letras auction yield climbed to 2.059%, up 0.086 points from 1.973% previously.
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