trending Market Intelligence /marketintelligence/en/news-insights/trending/hsXPc6xBcATyt2cMoQJByg2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Eurozone inflation accelerates, ahead of ECB meeting next week

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity

Street Talk Episode 70 - Banks' Liquidity Conundrum Could Fuel M&A Activity

StreetTalk – Episode 69: Banks left with pockets full of cash and few places to go

Street Talk – Episode 69: Banks left with pockets full of cash and few places to go

Eurozone inflation accelerates, ahead of ECB meeting next week

The eurozone's annual headline inflation accelerated to 1.3% in December 2019 from 1.0% in the prior month, final data from Eurostat showed.

The latest reading, which came ahead of the European Central Bank's Jan. 23 monetary policy decision, matched the preliminary forecast and the consensus estimate of economists polled by Econoday.

December's annual inflation rate was supported by a 1.8% annual rise in the prices of services. Energy prices ticked up 0.2% annually while non-energy industrial goods' prices rose 0.5%. 

Core inflation, which excludes energy, food, alcohol and tobacco, remained unchanged at 1.3%.

Within the bloc, Germany's annual harmonized consumer prices accelerated to 1.5% in December 2019, in line with the preliminary estimate, from the previous month's 1.2%. Italy's inflation rose to 0.5% from 0.2%.

On a monthly basis, the eurozone's headline inflation came in at 0.3% and core inflation stood at 0.4%.

The euro was down 0.2% against the dollar around 6 a.m. ET.

Minutes of the bank's previous meeting released Jan. 16 indicated that ECB struck a more hawkish tone amid concerns about the effect of low rates on households. "The present monetary policy stimulus appeared fully appropriate, lending substantial support to growth and inflation developments," the bank said.

The ECB expects inflation to rise to 1.1% in 2020, 1.4% in 2021 and 1.6% in 2022, still below the medium-term target of just below 2.0%.