Swiss Economicblogs.org
Headline inflation was negative for the second consecutive month in March, but core inflation rose above consensus. We expect underlying inflation dynamics will remain subdued this year and it will take time to judge the effectiveness of the ECB's latest easing measures. According to Eurostat’s preliminary estimate, the euro area harmonised index of consumer prices (HICP) inflation rose to -0.08% y-o-y in March from -0.15% y-o-y in February, in line with consensus expectations. The March...
Read More »Core euro area inflation surprises on the upside
