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Market Updates: Eurozone Final CPI Up at 1.5%

The statistical office of the European Union, Eurostat, published the CPI figures.

The Euro area annual inflation rate was 1.5% in February 2019, up from 1.4% in January 2019. The previous year, the rate was 1.1%.

European Union annual inflation was 1.6% in February 2019, up from 1.5% in January 2019. The previous year, the rate was 1.4%.

The weakest yearly rates were recorded in:

  • Ireland (0.7%)
  • Greece (0.8%)
  • Croatia (0.8%)
  • Cyprus (0.8%)

The highest annual rates were recorded in:

  • Romania (4.0%)
  • Hungary (3.2%)
  • Latvia (2.8%).

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Arslan Butt
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Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
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