Prior +1.8%HICP +2.1% vs +2.1% y/y prelimPrior +2.0%
No changes to the preliminary estimates here. The reaction to the data was muted as expected given no surprises and no influence on ECB’s policy outlook.
The agency notes: “”The rise in overall consumer prices intensified at the start of the year. In particular, the price of food increased more in January than in the previous months. In the months from September to December 2025, the price increase observed for food was still lower than overall inflation. Furthermore, the increase in service prices continues to drive up inflation in January.”
This article was written by Giuseppe Dellamotta at investinglive.com.