{"id":352639,"date":"2026-03-18T13:45:11","date_gmt":"2026-03-18T13:45:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/352639\/"},"modified":"2026-03-18T13:45:11","modified_gmt":"2026-03-18T13:45:11","slug":"eurozone-february-final-cpi-1-9-vs-1-9-y-y-prelim","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/352639\/","title":{"rendered":"Eurozone February final CPI +1.9% vs +1.9% y\/y prelim"},"content":{"rendered":"<p>Prior +1.7%Core CPI +2.4% vs +2.4% y\/y prelimPrior +2.2%<\/p>\n<p class=\"text-align-justify\" data-v-4026719d=\"\">No changes to the initial estimates with the country breakdown seen below. The main sticking point remains services inflation, which is seen at 3.4% in February. That is up slightly from 3.2% in January, reaffirming more stubborn price pressures in general. Food price inflation was also elevated at 2.5% and has been keeping thereabouts since October last year.<\/p>\n<p class=\"text-align-justify\" data-v-4026719d=\"\">The mix of the two is what is still keeping the ECB very much guarded, even before the latest energy price (natural gas especially) surge in Europe amid the US-Iran conflict. The latest development has now even tilted the balance of the scales in favour of a rate hike for later this year.<\/p>\n<p class=\"text-align-justify\" data-v-4026719d=\"\">For now, the ECB is still dismissing that idea somewhat but you can bet that they will have to keep their options open. That especially not to repeat the same &#8220;transitory&#8221; mistake that they did back in 2021-22.<\/p>\n","protected":false},"excerpt":{"rendered":"Prior +1.7%Core CPI +2.4% vs +2.4% y\/y prelimPrior +2.2% No changes to the initial estimates with the country&hellip;\n","protected":false},"author":2,"featured_media":84983,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,113,61,60],"class_list":["post-352639","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/352639","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=352639"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/352639\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/84983"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=352639"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=352639"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=352639"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}