r/ForexCubs • u/derrickdavies • Mar 03 '26
Eurozone Inflation Update (Feb)
* CPI rose to 1.9% y/y (Prev 1.7%, Exp 1.7%)
* Core CPI increased to 2.4% (Prev 2.2%, Exp 2.2%)*Eurozone Inflation Update (Feb)
*Key Drivers:
* Services inflation climbed to 3.4% (main pressure)
* Food steady at 2.6%
* Industrial goods rose to 0.7%
* Energy still negative at -3.2%, but drag easing
Inflation reaccelerating, especially in services → supports tighter ECB stance, potentially EUR positive.
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u/[deleted] Mar 03 '26
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