Eurozone inflation jumps to 2.5% amid Iran war
Digest more
Based on the CPI, inflation is relatively cool. Don't be fooled. It's much higher than advertised and you can see it if you look at the right data.
Inflation in the eurozone saw the steepest monthly increase since late 2022 and soared past the European Central Bank's (ECB) 2% target in March
The 1.5% figure ended a run of 45 straight months that the inflation rate has been above the Bank of Japan's 2% target. Government tax relief and fading food costs were expected to push CPI below 2% in 2026. The data followed 0.1% GDP growth, helping Japan ...
Euro zone inflation soared past the European Central Bank's 2% target this month as surging oil and gas costs drove up headline prices, but the jump was smaller than expected and core inflation declined,
Those objectives are at odds right now, and policymakers are split on where interest rates should go from here. Uncertainty about monetary policy could make investors nervous, and potentially fuel weakness in the stock market in the short term.