Eurozone Inflation Climbs Further Above ECB Target
Inflation in the eurozone rose further above the European Central Bank’s target in the final month of 2024, although that is unlikely to dissuade policymakers from lowering borrowing costs again this month to support a faltering economy.
ECB Says Consumer Inflation Expectations Increased in November
Prices were seen rising 2.6% over the next 12 months, up from 2.5% in October, according to its monthly survey of households released in Frankfurt on Tuesday. The gauge for three years ahead also climbed, reaching 2.4% — notably higher than the ECB’s 2% goal.
Eurozone inflation rises, but four rate cuts are still to come from the ECB this year
Eurozone inflation ticked up as expected to 2.4% in December, while core inflation held steady at 2.7%. Services inflation remains sticky, having risen back to 4.0%. With core inflation
German Inflation Rises More Than Expected In December
Germany's inflation rate rose faster than expected in December, preliminary data showed Monday, as consumer price rises accelerated towards the end of the year.
France’s Slight Inflation Pickup Backs Cautious ECB Rate Cutting
French inflation accelerated in December, supporting the European Central Bank’s plan to only lower interest rates gradually.
French Inflation Stays Below Target as ECB Primes Next Rate Cut
Inflation remained below policymakers’ target in France last month, paving the way for the European Central Bank to cut rates again later this month despite signs of renewed price pressure elsewhere in the eurozone.
Euro zone consumers raise inflation expectations in November - ECB poll
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Euro-area consumer-price growth decelerated over the course of last year and went below the ECB’s target in September,.