Euro area CPI Flash Estimate

Wednesday, 1 February 2012 01:28

Euro reminded stronger against USD after Eurostat reported CPI flash estimate. The couple was traded at 1.3138 after news release.

Annual inflation in euro area reminded at the level of 2.7% in January in line with expectations.

The December’s reading showed also 2.7%.

According to ECB in 2012 inflation is expected at 2.0% level and 1.5% for 2013.