EUR: Inflation momentum watched as energy shocks build – Danske Bank
By FXStreet Insights Team
Date Published: 3 Mar 2026 | Date Modified: 3 Mar 2026
POPULAR ARTICLES
Danske Research Team expects Euro area headline inflation to rise to 1.8% year-on-year in February, with core inflation steady at 2.2%. National data were mixed, but services inflation momentum appears to have picked up after a tax-driven dip in January.
Danske Research Team expects Euro area headline inflation to rise to 1.8% year-on-year in February, with core inflation steady at 2.2%. National data were mixed, but services inflation momentum appears to have picked up after a tax-driven dip in January. The bank anticipates services inflation dynamics similar to late last year.
Euro area data focus on inflation
"In the euro area, flash February inflation is released today. We expect headline inflation to rise to 1.8% y/y and core inflation to remain at 2.2%.
"Inflation in France and Spain came in higher than expected while Germany was below expectations."
"The momentum in services inflation picked up again in February after a very low January print which was due to lower taxes."
"So, we expect momentum in services inflation to be similar to November and December."
(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)
More than a million users rely on FXStreet for real-time market data, charting tools, expert insights, and forex news. Its comprehensive economic calendar and educational webinars help traders stay informed and make calculated decisions. FXStreet is supported by a team of about 60 professionals, split between the Barcelona headquarters and various global regions.
Read More
