• Prior +2.9%
• HICP +2.9% vs +2.9% y/y prelim
• Prior +2.9%

The good news is that core annual inflation is seen easing further, now down to 2.2% from 2.4% in January. That brings it closer to the desired 2% mark and is welcome news for the ECB.

This article was written by Justin Low at www.forexlive.com.