April 2017 Eurozone CPI data report 28 April 2017

  • Prior 1.5%

  • Core 1.2% vs 1.0% exp y/y. Prior 0.7%. Revised to 0.8%

Big news with the core number. This could be a real kicker for the euro. While CPI has jumped over the last year or so, the core has remained laggard under 1.0% a 5 percentage point jump (ok, 4 after the revision) is huge when taken in context.

Eurozone CPI & core y/y