EZ inflation

European economy 1st December 2023

Relief for ECB as eurozone inflation falls to 2.4% in November, lowest since July 2021, and close to target

Ulrike Kastens (DWS) | Eurozone inflation fell surprisingly in November. The increase in the cost of living was only 2.4%, down from 2.9% in October, its lowest reading since July 2021, according to Eurostat’s flash estimate. Across Europe, falling oil prices and easing gas and electricity prices had a notable impact. The energy price component fell by 11.5%. Food prices, on the other hand, hardly eased the situation. In this…

Spanish economy 31st August 2023

Euro area year-on-year inflation rate remains stable at 5.3% in August

CdM | The year-on-year inflation rate in the euro area remained stable in August at 5.3%, which is the lowest rise in prices since January 2022, according to Eurostat’s first estimate, as reported by Europa Press. These data place Spain and Belgium as the countries in the region with the lowest price increases, with 2.4% in both cases. The evolution of prices in the euro area in August was mainly…

Markets 28th November 2014

Markets may thrive in bad EZ inflation data

MADRID | The Corner | Trading trends in the Euro today are expected to be determined by the Euro-zone’s crucial CPI data. As happened yesterday with Spanish and German data, consumer prices are expected to do down in November, due to an energy prices drop. Will the European Central Bank feel any pressure to act? Then bad news could turn a blessing for financial markets.

Markets 4th June 2014

Falling EZ inflation makes it tricky for Draghi

MADRID | By Francisco López | Markets are taking for granted that ECB’s chairman Mario Draghi is going to act tomorrow. What is not that clear is to which extent he will do it. The last inflation figures on the euro area -a greater fall than the expected in May, standing at 0.5% and thus worsening deflation risks- represent a convenient opportunity for those ECB’s members claiming immediate bold measures.