The Devil In Europe’s HICP

Details are important, always check the details!

EU wide inflation rose markedly higher in January 2021, from 0.3% to 1.2% YoY. Unfortunately, this wasn’t due to a massive expansion of the economy between the end of 2020 and beginning of 2021. Instead it was down to a re-weighting of index components in the HICP (Harmonised Index of Consumer Prices).

Read Article

the pensive nugget blue background logo

Get a different perspective on all things trading & investing every week!