Eurozone Preliminary HICP inflation eases to 2.8% YoY in January, as expected

The Eurozone Harmonised Index of Consumer Prices (HICP) rose at an annual pace of 2.8% in January, a tad slower from December’s 2.9% increase, the official data published by Eurostat showed on Thursday. The data missed the market expectations of a 2.8% reading.

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