Eurozone CPI slowed to 1.4% yoy in January, down from 1.6% yoy, matched expectation. Core CPI, rose to 1.1% yoy, up from 1.0% yoy and beat expectation of 1.0% yoy.
Looking at the main components of euro area inflation, energy is expected to have the highest annual rate in January (2.6%), followed by food, alcohol & tobacco (1.8%), services (1.6%) and non-energy industrial goods (0.3%).
