The European Central Bank's latest inflation data reveals a stable trend across the Eurozone, aligning precisely with market expectations (well engineered). The Consumer Price Index (CPI) on a year-over-year basis remains unchanged at 2.6%, matching both the forecasted and previous figures. On a month-over-month basis, the CPI shows no growth, coming in at 0%, consistent with predictions, though down slightly from the prior month's 0.2%.
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Inflation is stable at 2.6% after two years of growing prices. Stupid mofo's bending reality to their narrative. I fucking despise the EU politics.
what counts is the reception of the market point and that always takes the delta into account. what we perceive as inflation doesn't matter to these people at all
what counts is the reception of the market point and that always takes the delta into account. what we perceive as inflation doesn't matter to these people at all
https://m.stacker.news/47065
The EU is holding stable, but what about each individual country?
I know germany is suffering.
Be careful when interpreting this data, as it only shows that prices are continuing to rise, with an official annual rate of 2.6%. in Germany, producer prices were relatively stable today and even fell slightly compared to the previous month. we will have to wait and see how everything develops with the Ukraine and the geopolitical situation. in the long term, prices in Europe will rise significantly
Rise like the rate of the US?
Or a slower rate?
Much faster
What about Germany and UK lol
Name one policy in the last 10 years that deals with inflation.
I dont think there is one. And thats why inflation is just gonna keep going up.
Anarchy is pretty much guaranteed in EU. The continent will become as poor as Africa
In addition, many commodity prices have just bottomed out and are triggering a wave of inflation as China and other major players build up inventories