Eurozone CPI was unchanged at 0.9% yoy in February, below expectation of 1.0% yoy. CPI core slowed to 1.1% yoy, down from 1.4% yoy, matched expectations.
Looking at the main components, food, alcohol & tobacco is expected to have the highest annual rate in February (1.4%, compared with 1.5% in January), followed by services (1.2%, compared with 1.4% in January), non-energy industrial goods (1.0%, compared with 1.5% in January) and energy (-1.7%, compared with -4.2% in January).
