Eurozone Big Four See Sticky May Inflation as ECB Faces Another Rate Hike
Updated
Updated · Bloomberg · May 22
Eurozone Big Four See Sticky May Inflation as ECB Faces Another Rate Hike
5 articles · Updated · Bloomberg · May 22
May inflation in France, Italy, Germany and Spain is expected to either accelerate or stay stubbornly high, reinforcing the case for the ECB to raise interest rates again.
Energy is the main driver: economists surveyed by Bloomberg see notably faster consumer-price growth in France and Italy, while headline inflation in Germany and Spain holds near levels last seen in 2024.
Those four economies dominate the euro zone, so next week’s national data will shape expectations for the ECB’s next policy decision and the strength of its anti-inflation stance.
Can Europe's green energy shift solve its inflation crisis faster than rate hikes?
Will the ECB sacrifice economic growth to fight inflation it cannot fully control?