# Economic Bulletin Issue 2, 2017

> The ECB Economic Bulletin says the Governing Council judged that substantial monetary accommodation is still needed for underlying inflation to build. It notes that headline inflation rose on energy and food prices while core pressures remained subdued.

- Date: 2017-03-23 · published 2017-03-23T12:00:00.000Z
- Category: macro · region Eurozone · magnitude low
- Page: https://feedsoft.ai/events/72200-economic-bulletin-issue-2-2017
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Rising food and energy inflation in the euro area points to firmer input costs, but the bulletin's signal of continued accommodation keeps the euro weak against the dollar.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2017-02-02 | [Economic Bulletin Issue 1, 2017](https://feedsoft.ai/events/72707-economic-bulletin-issue-1-2017.md) | -0.5% | -2.3% |
| EURUSD | 2017-12-28 | [Economic Bulletin Issue 8, 2017](https://feedsoft.ai/events/67681-economic-bulletin-issue-8-2017.md) | +1.4% | +4.4% |
| EURUSD | 2019-06-20 | [Economic Bulletin Issue 4, 2019](https://feedsoft.ai/events/58805-economic-bulletin-issue-4-2019.md) | +1.6% | +0.1% |
| EURUSD | 2019-12-27 | [Economic Bulletin Issue 8, 2019](https://feedsoft.ai/events/55779-economic-bulletin-issue-8-2019.md) | +0.6% | -0.7% |
| EURUSD | 2018-09-27 | [Economic Bulletin Issue 6, 2018](https://feedsoft.ai/events/63248-economic-bulletin-issue-6-2018.md) | -2.0% | -3.3% |

## Sources

- ecb.europa.eu: https://www.ecb.europa.eu/press/economic-bulletin/html/eb201702.en.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.