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Inflation could hold up

2022-12-21T17:41:48.376Z


DECRYPTION - Price increases will slow next year but the decline could prove to be slower than expected.


Finally calm?

In November, in the euro zone, inflation seemed to mark time.

It reached 10%, after peaking at 10.6% a month earlier.

This - slight - decline was greeted with enthusiasm by all those who hope for a rapid stabilization of the macroeconomic landscape.

Their optimism rests on solid foundations.

In recent months, a range of improvements has been noted.

Today, we have indicators that are positive on the market for raw materials (wheat, aluminum, steel) and maritime transport, declines that are starting to be significant.

They should have an impact on consumer prices in the coming months

,

but it takes a little time

, “said Bruno Le Maire recently on the set of CNews.

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Despite these signs of relaxation, the European Central Bank (ECB) revised its inflation forecasts upwards last week by 0.8 points in 2023 and 1.1 points in 2024 and postponed reaching its target to 2025. target which is 2%.

This…

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Source: lefigaro

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