Eurozone PMI was finalized at 8.6% yoy in January, down from 9.2% yoy in December. CPI core (all items ex-food, alcohol and tobacco) was finalized at 5.3% yoy, up from prior month’s 5.2% yoy.
In January, the highest contribution to the annual Eurozone inflation rate came from food, alcohol & tobacco (+2.94%), followed by energy (+2.17%), services (+1.80%) and non-energy industrial goods (+1.73%).
