Euro Zone Inflation Soars To New Record As Economic Growth Fades

Euro Zone Inflation Soars To New Record As Economy Fade Headline inflation in the euro zone unexpectedly rose to 26% in July we don't think it necessarily changes the narrative Indeed, economic growth remains subdued — including the Q2 GDP the euro zone's central bankers were likely to broaden their debate from the single-minded focus on inflation to take into account signs of economic weakness Wage growth has slowed sharply and

Euro Zone Inflation Soars To New Record As Economic Growth Fades Euro-area inflation plunged to the lowest level since mid-2021 – reinforcing arguments for another cut in interest rates by the European Central Bank in less than two weeks Consumer prices rose Aug 22 (Reuters) - Euro zone negotiated wage growth slowed last labour costs would continue to put upward pressure on inflation Growth in negotiated wages slowed to 355% in the second A key gauge of euro-zone wages eased — reinforcing the case for the European Central Bank to continue lowering interest rates next month Second-quarter negotiated pay rose 36% from a year ago Despite falling headline inflation in the euro zone, stubbornly high services prices The ECB's hawkish bias and preoccupation with sticky wage growth point to no rate cut at the July meeting

Euro Zone Inflation Soars Past Forecasts To New Record High Of 1 A key gauge of euro-zone wages eased — reinforcing the case for the European Central Bank to continue lowering interest rates next month Second-quarter negotiated pay rose 36% from a year ago Despite falling headline inflation in the euro zone, stubbornly high services prices The ECB's hawkish bias and preoccupation with sticky wage growth point to no rate cut at the July meeting European stocks fell to start the week as key inflation data said that slower pay growth in the fourth quarter was “encouraging” The spotlight is next on euro zone consumer-price index Inflation in the 20 EU countries that use the euro falls to 22%, opening way for a central bank rate cut in September FRANKFURT, Germany -- Inflation in the 20 EU countries that use the euro Information provided on Forbes Advisor is for educational purposes only Your financial situation is unique and the products and services we review may not be right for your circumstances Information provided on Forbes Advisor is for educational purposes only Your financial situation is unique and the products and services we review may not be right for your circumstances