The euro zone enlargement remains on expectations by 2.2 %

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Inflation in the euro area remained 2.2 percent in April, exceeding expectations and complexing the mission of the European Central Bank, as it considers whether interest rates will be reduced in its next meeting in June.

Economists expected that this number will decrease to 2.1 percent in April, according to a Reuters poll.

The number is the sixth month in a row Economic inflation In the unified currency block it was higher than the goal of the European Central Bank of 2 percent.

The euro was flat at $ 1.134 immediately after data, an increase of 0.4 percent a day.

The European Central Bank began to reduce prices last summer after fighting to tame an unprecedented increase in consumer prices during the Corunaf virus’s pandemic, when the peak reached its peak by 10.6 percent.

Prices voted from the European Central Bank unanimously last month to reduce prices by a quarter of a point to 2.25 percent, noting fears of growth amid “increasing trade tensions” from the strong tariff agenda of US President Donald Trump.

“Most of the basic inflation measures” indicate that the central bank was on the right path to achieve its goal “on a continuous basis.”

While the performance of the eurozone economy was better than expected in the first three months of the year, when the growth of 0.4 percent, the announcement of the so -called “mutual duties” of Trump has led to expectations for the region.

This is a developing story



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