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From Eurozone, on Friday,  Final CPI figures were released. Euro area annual inflation rate was 1.3% in January 2018, down from 1.4% in December 2017. In January 2017, the rate was 1.8%. European Union annual inflation was 1.6% in January 2018, down from 1.7% in December 2017. A year earlier the rate was 1.7%. Compared with December 2017, annual inflation fell in twenty-one Member States, remained stable in one and rose in six.

In January 2018, the highest contribution to the annual euro area inflation rate came from services (+0.56 percentage point), followed by food, alcohol & tobacco (+0.39 pp), energy (+0.22 pp) and non-energy industrial goods (+0.15 pp).

 

There will be no major data releases both from Eurozone and USA on Monday, so we can expect a bit steadier session.

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