Eurozone March preliminary CPI +7.5% vs +6.6% y/y expected

• Prior +5.9%
• Core CPI +3.0% vs +3.1% y/y expected
• Prior +2.7%

Euro area inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term hits another record high, with a big surge in March as energy prices are the main culprit. That said, the details also show that inflation in food prices, services and durable goods all also above the 2% mark - suggesting that price growth is rather broad and not just exclusively due to higher fuel/oil prices.

This continues to leave the ECB in a dilemma with the worst likely yet to come, though policymakers are unlikely to do anything about it for now.