Inflation in the euro zone dropped for a third consecutive month in January.
Headline inflation in the euro zone came in at 8.5% in January, according to preliminary data released Wednesday.The economic indicator is being closely watched ahead of a new rate decision due out on Thursday from the European Central Bank.Inflation in the euro zone eased in the last two months of 2022 but the economic indicator is still well-above the 2% mandate of the European Central Bank.
Headline inflation in the euro zone came in at 8.5% in January, according to preliminary data released Wednesday. In December, the rate was recorded at 9.2%. Energy remained the biggest cost driver in January, but once more softened from previous levels. Energy charges fell to an estimated 17.2% in January, down from 25.5% in December. However, food costs rose slightly from 13.8% in December to 14.1% in January.
The 20-member region has gone through substantial price increases in 2022, after Russia's invasion of Ukraine pushed up energy and food costs across the bloc. However, the latest data provides further evidence that inflation has started to ease. The economic indicator is being closely watched ahead of a new rate decision due out on Thursday from the
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
5 things to know for January 30: Police reform, inflation, weather, immigration, NFL | CNNHere are 5️⃣ things to know today: 1️⃣ Police reform 2️⃣ Inflation 3️⃣ Winter weather warnings 4️⃣ Immigration 5️⃣ Super Bowl
Consulte Mais informação »
UK shop price inflation hits record 8% in January: BRCPrices in British shops in January were 8.0% higher than a year before, the biggest annual increase since at least 2006 when comparable records started, figures from the British Retail Consortium (BRC) showed on Wednesday.
Consulte Mais informação »
Breaking: Eurozone annual HICP inflation declines to 8.5% in January vs. 9% expectedBreaking: Eurozone annual HICP inflation declines to 8.5% in January vs. 9% expected – by FXstreetNews Breaking Europe Eurozone Inflation Macroeconomics
Consulte Mais informação »
Eurozone inflation fell more than expected in January, to the lowest rate since May 2022Consumer prices rose 8.5% in January compared with the same month a year earlier, down from a 9.2% increase in December.
Consulte Mais informação »
Euro area Economic Sentiment Indicator improves to 99.9 in January vs. 97 expectedEuro area Economic Sentiment Indicator improves to 99.9 in January vs. 97 expected – by eren_fxstreet Europe Eurozone ConsumerConfidence Sentiment
Consulte Mais informação »
January Barometer looks like it will be positive, giving bulls a psychological boostThe 'January barometer' ('As goes January, so goes the year') is the tendency for the January performance to forecast performance for the rest of the year.
Consulte Mais informação »