Inflation & Prices
Euro-Zone Inflation Seen Back at Mid-2021 Low May Reassure ECB
- Core price measure is also expected to show weakening
- ‘The battle is not over,’ ECB President Lagarde insists
Euro-zone inflation probably slowed this month to the weakest since July 2021, reassuring officials who want to see if their tighter monetary policy is working.
Consumer prices rose 2.7% in November from a year earlier, according to the median of 31 forecasts in a Bloomberg survey of economists. Underlying inflation, stripping out volatile elements such as energy, is also expected to have weakened again too.