Fundamental: Euro-area inflation: lower but stickier
Inflation drops sharply on base effects from energy price increases in March last year, while core inflation continues to increase driven by higher service price inflation, which will keep the ECB worried about the stickiness of inflation. Euro-area inflation dropped to 6.9% y/y in March according to the flash estimate. That is a decent drop from 8.5% y/y ...
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Apr 1, 2023, 3:40am
Fundamental: Euro-area inflation: lower but stickier
Inflation drops sharply on base effects from energy price increases in March last year, while core inflation continues to increase driven by higher service price inflation, which will keep the ECB worried about the stickiness of inflation. Euro-area inflation dropped to 6.9% y/y in March according to the flash estimate. That is a decent drop from 8.5% y/y ...
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