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Frederik Ducrozet at Pictet Wealth.......>

DATA REACT
DATA REACT: Frederik Ducrozet at Pictet Wealth Management writes "Euro area core
HICP inflation rose by 7bp in January, to 1.01% YoY. Services inflation still
"too low", partly due to one-offs, and is likely to rise further this year. The
good news was core goods inflation, on a gradual rising trend since last year."

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