Eurozone inflation to slip to 1.4% y/y for December - TDS

Analysts at TDS are in line with consensus in looking for Eurozone inflation to slip to 1.4% y/y for December, due primarily to base effects after the sharp rise in energy prices one year ago.

Key Quotes

“We look for core inflation trends to remain subdued though, and while consensus looks for it to regain its 1-handle with a 1.0% y/y print, we think that the risks lie toward it remaining unchanged at 0.9% y/y instead.”