As expected, eurozone CPI rose 0.3% on month in December after falling 0.1% in November.
On year, inflation increased 0.8% vs +0.9%, also as forecast.
Core CPI +0.7% vs +0.9%.
Inflation remains well below the ECB's target of just under 2% amid concerns that Europe faces the threat of deflation. It's worth noting that CPI fell in Greece, Cyprus, Bulgaria and Latvia.
The euro is +0.1% vs the dollar. (PR)