The inflation data from the Eurozone, to be released next week, may remind policymakers that while the 2% inflation target may be in sight, it is not yet within reach. The CPI in December is expected to rise by 2.4% year-on-year, slightly higher than the previous month. Economists predict that the core inflation rate, excluding Energy and other volatile items, may remain at 2.7%. Driven by rising fuel prices, such results will highlight the challenges faced by European Central Bank President Lagarde and her colleagues in the new year. Lagarde stated in January that she hopes inflation will reach the target sometime in 2025.
欧元区通胀数据或令拉加德失望 距离实现目标还有一段路程
Eurozone inflation data may disappoint Lagarde, as there is still a long way to go to achieve the target.
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.