Sanziana Perju
“The disinflationary trend is continuing,” he stated during an interview with Bloomberg TV. “Sooner or later, we will achieve a level that aligns with our definition of a sustainable target stability.”
In April, consumer prices in the Eurozone increased by 2.2 percent on a year-over-year basis, unchanged from March. Simultaneously, omitting food and energy costs (CPI Core index), inflation in April rose to 2.7% year-on-year, up from 2.4% the previous month.
The European Commission states that inflation in the Eurozone is projected to be 2.1% this year, dropping to 1.7% next year.
In April, the ECB predictably reduced key interest rates by 25 basis points. Specifically, the main deposit rate is currently at 2.25%. The regulator's upcoming meeting is scheduled for 5 June.
source: bloomberg.com
In April, consumer prices in the Eurozone increased by 2.2 percent on a year-over-year basis, unchanged from March. Simultaneously, omitting food and energy costs (CPI Core index), inflation in April rose to 2.7% year-on-year, up from 2.4% the previous month.
The European Commission states that inflation in the Eurozone is projected to be 2.1% this year, dropping to 1.7% next year.
In April, the ECB predictably reduced key interest rates by 25 basis points. Specifically, the main deposit rate is currently at 2.25%. The regulator's upcoming meeting is scheduled for 5 June.
source: bloomberg.com
