Eurozone December Inflation Rose 1.1%
Eurozone December HICP inflation rose to 1.1% year over year, up from 0.6% year over year in the previous month. The number was broadly in line with initial expectations, but lower than we feared after the very perky German and Spanish numbers. Italian HICP, which was released at the same time, rose to 0.5% year over year from 0.1% year over year.
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