Trial now

$5B Nvidia 4Pt Jumbo Leads High-Grade Issuance


Still Looking For A Break Lower


Broad Consolidation


BLOCK, 5Y Sale

Sign up now for free access to this content.

Please enter your details below and select your areas of interest.

EZ MAR FLASH HICP +0.9% M/M; +1.3% Y/Y; FEB +0.9% Y/Y

EZ MAR FLASH CORE HICP +1.0% M/M; +0.9% Y/Y; FEB +1.1% Y/Y

  • EZ inflation accelerated to 1.3% in Mar, coming in slightly weaker than markets expected (BBG: +1.4%) and marking the highest level since Jan 2020.
  • Core inflation eased to 0.9%, showing a three-month low and registering below market forecasts (BBG: +1.1%)
  • Energy inflation was the main driver of Mar's uptick, rising by 4.3% after falling by 1.7% in the previous month.
  • Services inflation ticked up by 0.1pp to 1.3% in Mar, while food prices decelerated by 0.2pp to 1.1%.
  • Non-energy industrial goods prices fell to 0.3% in Mar, down from 1.0% seen in Feb, hitting a three-month low.
  • Among the member states, Luxembourg (2.4%), Germany and Austria (both +2.0%) showed the largest HICP rates, while Greece (-2.0%) saw the only decline in consumer prices.