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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: orkrious who wrote (803)2/27/2004 12:15:28 PM
From: mishedlo   of 116555
 
Euro price index figures released today
27/02/2004 - 12:24:42 pm

The euro zone's harmonised index of consumer prices (HICP) rose 1.9% year-on-year in January, compared with a provisional estimate of a 2% rise, EU statistics office Eurostat said today.

The HICP rose 2% year-on-year in December but month-on-month, the HICP fell 0.2% in January.

The statistics office said prices - excluding energy, food, alcohol and tobacco, its favoured measure of core inflation - were up 1.7% year-on-year in January, compared with 1.6% in December.

Prices excluding energy and unprocessed food rose 1.9% year-on-year in January, unchanged from December's increase.

For February the HICP for the euro zone rose a provisional 1.6% year-on-year, compared with a year-on-year rise of 1.9% in January, Eurostat said.

breakingnews.ie
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