Eurozone: Headline inflation likely to print 1.5% in March – Danske Bank

Analysts at Danske Bank suggest that the main release today will be Euro area inflation and in line with country figures released last week, they expect headline inflation to arrive at 1.5% in March, supported by a temporary rise in core inflation to 1.2% due to Easter effects.

Key Quotes

“Despite the expected increase in March, we do not expect core to break above 1.3% in 2018, as underlying price pressure remains subdued and neither wage growth, which remains below its historical average, nor our 'super core' inflation estimate point to a strong pickup in core inflation in the near term.”