European Inflation Stuck At Nearly Triple ECB’s Target

Headline inflation in Europe is stuck, apparently. The all-items gauge loitered at 5.3% in August, data released on Thursday showed. Consensus expected a downshift to 5.1%. It was just the second time in 10 months that the YoY pace of headline inflation in Europe didn't recede. Country-level prints out of France, Germany and Spain all overshot expectations for August. In France, the re-acceleration in the headline gauge to 5.7% was particularly concerning. That was 0.3ppt ahead of estimates

Join institutional investors, analysts and strategists from the world's largest banks: Subscribe today

View subscription options

Already have an account? log in

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

One thought on “European Inflation Stuck At Nearly Triple ECB’s Target

  1. Do you mind writing an article explaining the causes of Europe’s stagflation and maybe compare and contrast versus the US? I know the Europe has been in a secular stagnation for over a decade but not certain what the main reasons are.

NEWSROOM crewneck & prints