Compared to consensus forecast 387,000 and versus 401,000 prior week.
February CPI +0.5% m/m, +2.1% y/y, stronger than median forecasts of +0.1%, +2.0% respectively.
Dollar very marginally firmer in wake of data, EUR/USD down at 1.4002.
Personally I’m a little surprised we didn’t dip below 1.4000 on the earlier news from Portugal.
