Although Eurostat publishes the preliminary estimate of December inflation in the eurozone on Tuesday only, it is already clear, that good news to wait is not there sharp increase in prices for energy will give
new impulse to general increase consumer prices. /nginx/o/2022/09/08/14815192t1h8858.jpg)
European central bank (ECB) Photo: Ralph Orlowski
Although Eurostat publishes the preliminary estimate of December inflation on the eurozone on Tuesday, it is clear that no good news is to be expected – a sharp increase
in prices for energy will give new impetus to a general increase in consumer prices.
Today Germany published data on inflation for December. Price growth in the largest economy in Europe accelerated from 2.2% in November to 2.9% in the last month of the year, which was above the market’s expectations. In Spain also recorded a slip – from 2.4% to 2.8%, which was unexpected by analysts, who predicted 2.6%.
After these news experts predicted that inflation in the eurozone in December was about 2,4%, which is significantlyexceedingthetargetleveloftheEuropeanCentralBank(ECB)at2%.InNovemberannualinflationintheeurozonewasat2.2%,andinOctoberwasat2.2%.
Annualinflationintheeurozonewasat2.2%.
