US EditionWhat to Expect from April’s Eurozone Inflation Data
- Eurozone headline inflation is forecast to have increased by 2.1% year on year in April 2024, slightly below March’s 2.2% reading.
- This forecast follows rising core inflation and updated national inflation data from Spain, Italy, and France, which influenced upward revisions to the overall outlook.
- Core inflation, excluding volatile items like food and energy, is expected to have risen to 2.5% in April, slightly higher than March’s 2.4%, partly due to travel-related services in Germany.
- Michael Field of Morningstar noted that a decline in inflation could ease the European Central Bank’s concerns, potentially allowing it to reduce interest rates further, which may provide support to equity markets despite continuing trade uncertainties.
- The April inflation data suggests progress toward the ECB’s 2% target, but trade tensions and sticky core inflation indicate that current celebrations could be short-lived.
19 Articles
19 Articles
Inflation, the figure that indicates how quickly prices are rising, fell to 2.55 percent in April, according to Statbel, the government's statistical service. This is the lowest inflation level since January last year. In January of this year, inflation was still above 4 percent.
The CPI has been a minimum since October 2024 due to the lower gas, light and gasoline prices.The economy maintains the vigor and grows by 0.6% in the first quarter thanks to the strong consumption.After the biggest drop in inflation in two years in March, due to the heavy rains that reduced the electricity bill, inflation moderates another tenth in April to 2.2% again due to the fall in energy prices.In this year-on-year calculation (for the sa…
The evolution of gas, light and gasoline has contained the rise in prices in the month of April. According to the provisional data advanced this Tuesday by the National Institute of Statistics (INE), the inflation in year-on-year rate has fallen slightly this month with respect to the mark noted in March, which does not mean that the prices have fallen, but have slowed slightly their rise. The first estimate of the INE indicates that April close…
The Statistical Office of the Republic of Slovenia will publish data on inflation in April today. This has strengthened slightly in recent months, with consumer prices averaging two percent higher in March than in March last year. In Luxembourg, however, Eurostat will publish the first estimate of economic growth in the euro area and the EU in the first quarter of this year.
According to Indec, the average increase was 6.9 per cent against a rise in prices of 4.7 per cent.
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