- Prior +3.0%
- HICP +2.2% vs +2.2% y/y prelim
- Prior +2.9%
Core annual inflation is confirmed at 2.0% and down from 2.2% in February, so that’s a positive nod for the ECB. But again, all of this is pre-tariffs so we’ll see how things go moving forward. For now at least though, it won’t derail the 25 bps rate cut next week.
This article was written by Justin Low at www.forexlive.com.
