Inflation & Prices
Euro-Area Core Inflation’s Refusal to Slow Set to Worry ECB
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The European Central Bank is about to get fresh inflation data, with another strong core reading likely to overshadow a softer headline number.
Economists surveyed by Bloomberg before Thursday’s publication say consumer prices probably rose 8.2% from a year ago in February. At the same time, the underlying gauge that strips out volatile items like food and energy is predicted to stay at a record 5.3%.