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Some budding hope for Europe's inflation outlook?

Some budding hope for Europe's inflation outlook?
Headline annual inflation may have moved up slightly to 7.0% but the good news is that there is a marginal slowdown in core annual inflation to 5.6% in April. That is the first time that core annual inflation has eased since June last year, helped by a fall in food price inflation as well.The report showed that processed food, alcohol and tobacco inflation slowed by 1% to 14.7% and that might be suggestive of a turnaround in food price inflation that the ECB has been waiting for quite a while no... Read More
Posted: May 2 2023, 09:18
Author Name: forexlive
Views: 102238

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