CPI in the Euro Zone fell in January

Source: Forexpros
The CPI in the common currency union increased by 2.6% in January on a seasonally adjusted basis while experts predicted the figure to remain flat at 2.7%, reported Eurostat. However, the CPI is still above the ECB target of below 2%. On a monthly basis, the CPI declined by 0.8% in January, being in compliance with expectations, after growing by 0.3% in the preceding month.

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