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26 Jan 2015
Eurozone January CPI estimate may show a negative print – Nomura
FXStreet (Barcelona) - The Research Team at Nomura previews this week’s Eurozone GDP and CPI release.
Key Quotes
“In Europe, the advance estimate for UK Q4 GDP will be released on Tuesday; we expect 0.6% q-o-q and 2.8% y-o-y; the services sector looks set to grow at the fastest pace among the components; industrial production should also provide some support.”
“Eurozone CPI flash estimate for January will be released on Friday; our real time inflation forecast model forecasts a second consecutive month of negative inflation at - 0.5% y-o-y.”
Key Quotes
“In Europe, the advance estimate for UK Q4 GDP will be released on Tuesday; we expect 0.6% q-o-q and 2.8% y-o-y; the services sector looks set to grow at the fastest pace among the components; industrial production should also provide some support.”
“Eurozone CPI flash estimate for January will be released on Friday; our real time inflation forecast model forecasts a second consecutive month of negative inflation at - 0.5% y-o-y.”