{"id":296369,"date":"2025-12-03T07:56:26","date_gmt":"2025-12-03T07:56:26","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/296369\/"},"modified":"2025-12-03T07:56:26","modified_gmt":"2025-12-03T07:56:26","slug":"slight-uptick-in-eurozone-inflation-makes-december-decision-easy-for-the-ecb-snaps","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/296369\/","title":{"rendered":"Slight uptick in eurozone inflation makes December decision easy for the ECB | snaps"},"content":{"rendered":"<p>Once again, inflation remains within 0.2ppt of the 2% target in the eurozone. The higher inflation rate was mainly due to a smaller negative contribution from energy prices. Food and core inflation remained stable at 2.3 and 2.4% respectively, although services inflation \u2013 the largest component of core inflation \u2013 contributed more than last month with an increase from 3.4 to 3.5%.<\/p>\n<p>Despite a muted growth environment, falling wage growth and declining import prices, businesses do expect that prices will grow faster in the months ahead. This is especially the case for services. Still, with disinflationary pressures abounding, we expect that inflation will likely hold around the current level for the foreseeable future.<\/p>\n<p>Markets hadn\u2019t been pricing a rate cut, and today provides little reason to change that view. The stability of the short-term inflation outlook makes the European Central Bank projections far more interesting. We expect that inflation can fall below target in the months ahead, but for the medium term, there seems to be enough inflationary drivers around for the ECB not to tilt too dovish. Still, much depends on whether ambitious domestic fiscal agendas can be realised.<\/p>\n","protected":false},"excerpt":{"rendered":"Once again, inflation remains within 0.2ppt of the 2% target in the eurozone. The higher inflation rate was&hellip;\n","protected":false},"author":2,"featured_media":296370,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,1294,56,54,55],"class_list":{"0":"post-296369","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-uk","11":"tag-united-kingdom","12":"tag-unitedkingdom"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/296369","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=296369"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/296369\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/296370"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=296369"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=296369"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=296369"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}