Eurozone annual inflation is expected to be 1.0% in January; ECB says bank lending will remain tight in Q1 2010; M3 was negative again in December

Eurozone annual inflation is expected to be 1.0% in January 2010 according to a flash estimate issued by Eurostat, the statistical office of the European Union. Separately, reports from the European Central Bank (ECB) showed that bank lending will remain tight in Q1 2010 and M3 money supply growth remained negative in December.

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