French Inflation Rate MoM Final (Feb) M/M 0.6% vs. Exp. 0.7% (Prev. -0.3%)
The final MoM inflation rate for France in February printed at 0.6%, slightly below expectations of 0.7%, but showing a considerable rise from the previous month’s decline of -0.3%.
Spanish Inflation Rate YoY Final (Feb) Y/Y 2.3% vs. Exp. 2.3% (Prev. 2.3%)
Spanish Core Inflation Rate YoY Final (Feb) Y/Y 2.7% vs. Exp. 2.7% (Prev. 2.6%)
French Inflation Rate MoM Final (Feb) M/M 0.6% vs. Exp. 0.7% (Prev. -0.3%)
Iran announces a fresh wave of attacks on US bases and Israel, ISNA reports
Japan's Defence Minister Koizumi says it would be possible to provide escort for Japanese ships through Hormuz, however PM Takaichi clarified that no decisions have been made
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This miss against expectations may signal a softer inflation trajectory, which could influence European Central Bank policy considerations going forward, particularly regarding rate hikes as they assess the inflation growth-inflation balance.
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