The largest upward impacts to the euro area annual inflation came from fuels for transport (+0.16 percentage points), accommodation services (+0.10 pp) and air transport (+0.06 pp), while telecommunication (-0.12 pp), vegetables (-0.05 pp) and social protection (-0.04 pp) had the biggest downward impacts.
From Eurozone, tomorrow, ZEW Economic Sentiment figures for Germany and Eurozone will be published. German Economic Sentiment is expected to increase to 12.3, while Eurozone Sentiment should rise to 32.4. In the US session Building Permits and Housing Starts data will be released. Analysts do not expect significant change.
Figures to watch:
German ZEW Economic Sentiment/ZEW Economic Sentiment (Tuesday 11:00)
Building Permits/Housing Starts (Tuesday 14:30)