Two parents and their two children go through part of sweet cakes, cookies and jams.
Nicolas Guyonnet | AFP | Getty pictures
The inflation of the euro zone was 2.4%in February, but, according to the Statistics Authority Eurostat, was something over the analyst expectations on Monday.
Economists surveyed had expected inflation in February to 2.3% in February than the 2.5% reading in January.
The so-called core inflation, which spreads energy, food, alcohol and tobacco costs, reached 2.6% in February, just below the pressure of 2.7% of the previous month.
In the past few months in the past few months in the past few months, the right to inflation in the closely observed services was 3.7% compared to 3.9% in January.
The Monday figures also referred to a strong slowdown of the energy price increases, which rose only by 0.2% in February, compared to 1.9% in the first month of the year.
“The decline in heading inflation in February was encouraging because this was partly due to the inflation of the lower services,” said Jack Allen-Reynolds, deputy euro zone economist of the Eurozone at Capital Economics on Monday.
“We believe that the decline in service inflation in February is the beginning of a trend that significantly lowers the core rate this year,” he added.
In the meantime, inflation of the headings is expected to be determined in the meantime, as All -Reynolds will be determined, since energy prices are expected to rise slightly and the inflation of the food over the 2% mark remains.
Depending on how the current geopolitical situation develops, this could ultimately have an impact on inflation, as Bert Colijn, Chef -Niederland -Economist at ING, stated on Monday.
“Geopolitical developments are very unsure about inflation prospects at the moment.
Repeated threats of US President Donald Trump to improve goods imported from Europe, the investors and economists have not secured the prospects for inflation and economic growth. Customs are often considered inflationary, and trade in the USA is a key column for several large European countries, especially the largest economy in the EU, Germany.
The inflation of the euro zone was accepted again in the fourth quarter, but the political decision -makers of the European Central Bank are still optimistic about their trajectory. Accounts from the Central Bank meeting of the Central Bank meeting showed that the political decision -makers believed that the inflation was on the way to reaching the 2% goal despite some persistent concerns.
The ECB will meet again later this week and is expected to announce another reduction in interests, which would mark its sixth reduction, as it relieves monetary policy in June.
The markets are also the ECB declaration, which accompanies the tariff decision and accompanies the evaluation of inflation and the monetary policy restrictions of political decision -makers by the political decision -makers.
“For the European Central Bank, the big question is how low it will go,” said Colijn from ING, adding that the Monday data will support the view that inflation is currently “quite harmless”, but that it does not provide a strong basis for the low installments.
“We expect another 0.25 PPT cut to be accompanied by a violent debate later this week about when the ECB will reach its final rate,” he said.
According to several important economies within the euro zone, the Monday data comes in the inflation data last week. The preliminary data showed that inflation in February was unchanged at a higher than expected 2.8% in Germany, but was strongly 0.9% in France. The measured values are harmonized in the euro zone to ensure comparability.
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