Eurozone January 2023 annual inflation rate was announced as 8.6 percent annually and -0.2 percent monthly.
Eurozone inflation rates announced today drew attention. Following the FOMC minutes announced by the US, the Eurozone inflation rate was announced as 8.6 percent on an annual basis in January. In addition, inflation was announced as 0.2 percent monthly in January. These ratios met expectations exactly.
Eurozone January 2023 Inflation Figures
The annual inflation rate in the euro area fell by 0.1 percent month on month in November and 0.4 percent month on month in December. In January, monthly inflation was announced as -0.4 percent. In December, the annual rate remained at the level of expectations. While the expectations were 9.2 percent annually in December, the announced rate was the same.
Eurozone January 2023 annual inflation rate is expected to be 8.6 percent. On the other hand, the expectation for the monthly inflation rate of the Euro Zone in January 2023 is -0.2 percent.
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