Some early, highly aggregate data on January repricing in the eurozone.
The monthly change in HICP was -0.3% m/m.
In 2000-2019, the average January change was -0.7% m/m.
HOWEVER, that 20 year window had annual inflation average of 1.7%, i.e. below target. Remember that time? Feels ages ago.
1/2
12 months ago