Shoppers buy fresh vegetables, fruits and herbs in the outdoor product market under the green scheme curtains in Regentsburg, the most powerful in Latins, Bavaria, Germany, on April 19, 2025.
Michael Ngwin/Norfuto via Getti Airech
Inflation in the euro area did not change by 2.2 % in April, loss of expectations for a decrease.
The economists included in Reuters expected the reading to reach 2.1 % in April, compared to 2.2 % in March, when inflation was returning to the goal of the European Central Bank of 2 %.
Basic inflation, which excludes more flying foods, energy, alcohol and tobacco, accelerates to 2.7 % from 2.4 % in March. The printing of inflation was also chosen in services that were seen closely seen again, as it reached 3.9 % compared to the previous 3.5 % reading.
Many eurozone economies have already released the latest inflation numbers, which are coordinated for comparison across the mass. Germany The Statistical Office said on Wednesday that it is expected that consumer prices will rise by 2.2 % in April, less than the previous month’s reading, but a little higher than expected. While French The coordinated inflation came 0.8 %, also a little forward Expectations.
“We are heading towards our goal (inflation) during the year 2025, so that the repetition process is to the right path that we are about to end,” Christine Lagarde, President of the European Central Bank, told CNBC last week.
Lagarde and other policy makers Last week, it warned that the image of inflation was less clear in the medium term, with factors such as anti -revenge measures from Europe against American definitions and financial transformations such as the main infrastructure package in Germany.
Lagarde said that the European Central Bank will “depend on data to the maximum”, when making interest rate decisions. The central bank reduced interest rates last month, taking its main average-the rate of deposit facilities-to 2.25 %, with a decrease of 4 % high heights in mid-2013.
The data released earlier this week indicated that Economy is the euro area Steam can pick up, with a 0.4 % governing GDP in the first quarter of 2025, according to a preliminary reading. This was 0.2 % higher, tracking the revised growth printing by 0.2 % in the last quarter of 2024.
However, growth is expected to slow in the coming months due to the repercussions of the global tariff.
This is an urgent news story, please check again for updates.
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