Euro Zone's flash CPI eased in January

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Source: Forexpros
The Euro Zone's CPI eased in compliance with expectations on January, reported Eurostat. The CPI hit 2.7% on January on a seasonally adjusted basis as compared to 2.8% in the preceding month. However, the rate still remained above the ECB target of 2%. After the data release, the Euro stayed higher against the US Dollar and the pair EUR/USD added 0.43% to trade at 1.3140.


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