EuroZone Inflation

I=6
Euro zone inflation rose to 2.3% in November, meeting expectations

  • Euro zone inflation rose to 2.3% in November from 2.0% in October, but in line with expectations.
  • Headline inflation is being driven by fading deflationary pull from energy prices.
  • Core inflation was steady at 2.7%, propped by stickiness of the service inflation.

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I=5
Euro zone inflation rose 2.4% in December, meeting expectations

  • Euro zone inflation rose 2.4% in December, up from 2.2% in November but in line with expectations.
  • Core inflation was steady at 2.7%.

Inflation numbers for January came in hotter than the consensus forecasts.

  • Headline inflation for the eurozone edged higher to 2.5% vs 2.4% expected
  • Core inflation was 2.7%. vs 2.6% expected
  • Core inflation stuck in 2.7% for moths.
  • Most components with soft month, but energy had a significant increase.


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I=6
Euro zone inflation eased to 2.4% in February, slightly above 2.3% estimate

  • Euro zone inflation eased to 2.4% in February, slightly above 2.3% expected but below 2.5% in January.
  • Core inflation moved down to 2.6% after staying steady at 2.7% for months.

I=5
Euro zone inflation eased to 2.2% in March, in line with the estimates

  • Euro zone inflation rose 2.2% in March, in-line with estimates but down from 2.3% in February.
  • Core inflation moved down to 2.4%, from 2.6% in February.

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Euro zone inflation dropped to 1.9% in May from 2.2% in April, below 2% estimate.

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I=6
Euro zone inflation rose 2.1% in August, in line with estimates

  • Euro zone inflation rose 2.1% in August, above 2.0% in July and in line with estimates.
  • Core inflation was unchanged from 2.3% in July.
  • The closely watched services inflation moved down to 3.1% from 3.2% in July, the lowest rate since March 2022.
  • ECB is expected to maintain its key interest rate at 2% when it meets this month.