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Eurozone January preliminary CPI +1.7% vs +1.7% y/y expected

by Investor News Today
February 4, 2026
in Investing
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ECB survey shows inflation expectations for the year ahead seen nudging up a little
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  • Prior +1.9%; revised to +2.0%
  • Core CPI +2.2% vs +2.3% y/y anticipated
  • Prior +2.3%

The headline studying meets estimates with core annual inflation easing barely in January. That being mentioned, simply be cautious that Eurostat has launched some methodological adjustments to the inflation estimates as of this report, as seen right here. Total, the adjustments within the 4 foremost particular aggregates
(meals, alcohol & tobacco, power, non-energy industrial items, and companies) are fairly negligible. To be extra particular, they vary from
-0.04% to +0.02%.

The excellent news at the very least is that companies inflation is seen easing barely from 3.4% in December to three.2% in January. Nevertheless, meals worth inflation stays elevated at 2.7% – in comparison with 2.5% final month.

At across the identical time, we’re getting the Italian preliminary CPI estimate for January as properly. The info as per the next:

  • CPI +1.0% vs +1.0% y/y anticipated
  • Prior +1.2%
  • HICP +1.0% vs +0.9% y/y anticipated
  • Prior +1.2%



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