- Prior +2.4%
- Core CPI +3.4% vs +3.4% y/y prelim
- Prior +3.6%
No modifications to the preliminary estimates and with a slight easing of core costs from November to December, it nonetheless retains the ECB on observe. Nevertheless, the true problem shall be ranging from this yr, because the disinflation course of might not be as linear a trajectory as seen in 2023.
This text was written by Justin Low at www.forexlive.com.
