Eurozone: Focus on inflation data – TDS

Analysts at TD Securities point out that Eurozone’s preliminary February inflation data is released for France, Spain, and Germany and are going to be the key economic releases for the day.

Key Quotes

“We expect German CPI to hold at 1.7% y/y (mkt: 1.7%) reflecting a recovery in energy prices.”

“Our forecast assumes some moderation in core CPI, and further downside can’t be ruled out. Markets look for French inflation to accelerate to 1.7% y/y, while Spanish inflation holds steady at 1.0% y/y.”