Eurozone January final consumer confidence -20.9 vs -20.9 prelim

• Economic confidence 99.9 vs 97.0 expected
• Prior 95.8; revised to 97.1
• Industrial confidence 1.3 vs -0.6 expected
• Prior -1.5; revised to -0.6
• Services confidence 10.7 vs 7.9 expected
• Prior 6.3; revised to 7.7

Euro area economic sentiment continues to improve further to start the new year but that comes after a less harsh winter, which may provide a bit of a false dawn. If inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term data comes in more sticky like what we saw with Spain earlier, expect the optimism to fade quickly especially if the ECB continues to double down on its hawkish rhetoric.