Latest data released by INSEE - 20 February 2020

  • CPI -0.4% vs -0.4% m/m prelim
  • HICP -0.5% vs -0.5% m/m prelim
  • HICP +1.7% vs +1.6% y/y prelim

The preliminary report can be found here. No notable change to the initial estimates, as this reaffirms a mild rebound in inflation to start the year. The overall euro area core reading remains subdued and that says much more about the current outlook.