Eurozone March final CPI +7.4% vs +7.5% y/y prelim

• Core CPI +2.9% vs +3.0% y/y prelim

The preliminary report can be found here. A slightly lower revision but euro area 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 continues to keep at a record, rising 2.4% on the month.

I think from hereon, amid 'peak inflation' talk, the focus will slowly switch towards the month-on-month numbers. That may be more relevant as whether inflation is at 6% or 7% doesn't really make that much of a difference. The fact is that it is well above the 2% target set out by central banks in either case.

Looking at the details, the surge in energy prices is the main contributor (up 4.4%) with services (up 1.1%), food, alcohol, and tobacco (up 1.1%) also contributing to the jump last month.