- Prior +1.7%
- HICP +0.9% vs +1.2% y/y anticipated
- Prior +1.8%
The sharp slowdown in costs is essentially to do with power costs readjusting i.e. base results. For some context, electrical energy costs rose quite sharply in February 2024. The added excellent news right here is that service inflation can be seen easing, falling from 2.5% in January to 2.1% in February.
This text was written by Justin Low at www.forexlive.com.
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