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Experts: Inflation in the euro area falls to 2.8 percent - ECB target in sight, but the all-clear is premature
< div class = “text paragraph”> Inflation in the euro area fell to 2.8 percent in January, compared to 2.9 percent in December. The so-called “core inflation” also fell and the European Central Bank (ECB) considers an inflation rate of 2.0 percent to be appropriate. Some experts believe that the ECB is on the home stretch in the fight against inflation, while others warn against a premature all-clear. The economic situation and wage developments could continue to influence price increases. Wage increases that are currently being negotiated in many industries in Germany could fuel inflation again as they lead to higher costs for companies, which are then passed on to customers. According to …
Experts: Inflation in the euro area falls to 2.8 percent - ECB target in sight, but the all-clear is premature
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Inflation in the euro area fell to 2.8 percent in January, compared to 2.9 percent in December. The so-called “core inflation” also fell and the European Central Bank (ECB) considers an inflation rate of 2.0 percent to be appropriate. Some experts believe that the ECB is on the home stretch in the fight against inflation, while others warn against a premature all-clear. The economic situation and wage developments could continue to influence price increases.
Wage increases that are currently being negotiated in many industries in Germany could fuel inflation again as they lead to higher costs for companies, which are then passed on to customers.
According to a report by www.tagesschau.de,
Read the source article at www.tagesschau.de