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A mixed bag for the ECB to ponder with.....>

EMU DATA
MNI (London)
EMU DATA: A mixed bag for the ECB to ponder with the release of the January
preliminary flash inflation data Friday, as the headline number inched higher to
1.4%, but core dips back to 1.1% after 2 months at 1.3%. Compared to December,
prices were sharply lower, with headline down 1.0% m/m and core lower by 1.7%
m/m. Growth was anaemic, coming in below the already sluggish forecasts, up just
0.1% q/q across the euro area. The t45 'flash' gdp data will be released on Feb
14.
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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