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Eurozone Inflation Accelerates Less Than Expected

Euro area consumer price inflation rose in December, mainly due to the energy-related base effects, while the core measure remained strong despite slowing slightly, underpinning the European Central Bank's policy stance that it is too early to think of interest rate cuts as there is more work to be done to bring price growth to the 2. ....

Bert Colijn , Christoph Weil , Jack Allen Reynolds , European Central Bank , Euro Area , Capital Economics , Eurozone Inflation , Euro Area Prices , Urozone Inflation Accelerates Less Than Expected ,

Eurozone inflation rises in December to 2.9% after falling for months

Eurozone inflation accelerated again in December for the first time since September, with consumer prices up 2.9% on the year, according to an initial estimate from Eurostat on Friday. The European Union's statistical authority put annual inflation in November at 2.4%, the lowest level since the summer of 2021. Analysts had expected the December rise. On a month-on-month basis, the December rate came in at 0.2%. The trend seemed to bolster the European Central Bank's position that it is too earl ....

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