Euro price index figures released today

The euro zone's harmonised index of consumer prices (HICP) rose 1.9% year-on-year in January, compared with a provisional estimate of a 2% rise, EU statistics office Eurostat said today.

The HICP rose 2% year-on-year in December but month-on-month, the HICP fell 0.2% in January.

The statistics office said prices - excluding energy, food, alcohol and tobacco, its favoured measure of core inflation - were up 1.7% year-on-year in January, compared with 1.6% in December.

Prices excluding energy and unprocessed food rose 1.9% year-on-year in January, unchanged from December's increase.

For February the HICP for the euro zone rose a provisional 1.6% year-on-year, compared with a year-on-year rise of 1.9% in January, Eurostat said.