- Analytics
- News and Tools
- Market News
- Eurozone Preliminary HICP inflation eases to 2.4% YoY in February vs. 2.3% expected
Eurozone Preliminary HICP inflation eases to 2.4% YoY in February vs. 2.3% expected
The Eurozone Harmonized Index of Consumer Prices (HICP) rose 2.4% year-on-year (YoY) in February after recording a 2.5% growth in January, the official data released by Eurostat showed Monday. The market forecast was for a 2.3% acceleration in the reported period.
The core HICP advanced 2.6% YoY in February, compared with a 2.7% increase in January, meeting the 2.6% market expectations.
On a monthly basis, the bloc’s HICP rose 0.5% in February compared to January’s -0.3%. The core HICP inflation came in at 0.6% month-over-month (MoM) in the same period versus a 0.9% decline in January.
The European Central Bank’s (ECB) inflation target is 2.0%. The old continent’s HICP inflation data significantly impacts the market’s pricing of the ECB's future interest rate cuts.
© 2000-2025. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
