Eurozone’s January CPI -0.4% m/m (expected -0.3%; last -0.4%); 8.5% yr/yr (expected 9.0%; last 9.2%). January Core CPI -0.8% m/m (expected -0.2%; last 0.6%); 5.2% yr/yr (expected 5.4%; last 5.2%). December Unemployment Rate 6.6% (expected 6.5%; last 6.6%). January Manufacturing PMI 48.8, as expected (last 47.8)
Germany’s January Manufacturing PMI 47.3 (expected 47.0; last 47.1)
U.K.’s January Nationwide HPI -0.6% m/m (expected -0.3%; last -0.3%); 1.1% yr/yr (expected 1.9%; last 2.8%)
France’s January Manufacturing PMI 50.5 (expected 50.8; last 49.2)
Italy’s January CPI 0.2% m/m (expected 0.1%; last 0.3%); 10.1% yr/yr, as expected (last 11.6%). January Manufacturing PMI 50.4 (expected 49.6; last 48.5)
Spain’s January Manufacturing PMI 48.4 (expected 48.0; last 46.4)
Swiss January procure.ch PMI 49.3 (expected 54.8; last 54.1)
Manufacturing PMI readings from Italy and France returned into expansionary territory while the reading for the eurozone remained below 50.0.
There is renewed hope that a solution will be found to the dispute surrounding the Northern Ireland protocol.
Unions in France are planning to protest the recently announced pension reform on February 7 and 11.