Seeking Alpha

Eurozone CPI returns to growth

  • 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)
  • ETFs: FXE, VGK, EUO, FEZ, ERO, EU, EPV, IEV, EZU, HEDJ, DRR, FEU, GUR, EUFX, ESR, ULE, UPV, FEP, ADRU, URR, FEEU, DBEU, FIEU
This was corrected on 01/16/2014 at 07:01 AM.
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