share_log

欧元区通胀率升至十年来最高水平 欧央行物价上涨暂时性观点遭遇考验

Inflation in the euro zone rises to its highest level in a decade the temporary view of the ECB's price rise has been put to the test.

新浪科技 ·  Aug 31, 2021 17:43

Inflation in the eurozone rose to its highest level in a decade in August, testing policymakers' view that the rise in inflationary pressures after the crisis was temporary.

Euro-zone consumer prices (CPI) rose 3% year-on-year, exceeding the expectations of all 37 economists surveyed by Bloomberg. Core inflation, which excludes volatile items such as energy and food, rose 1.6 per cent from a year earlier, the highest since 2012.

While global supply constraints are pushing up costs, the surge in prices in the eurozone has also been driven by one-off factors, such as lower figures for the same period last year. The ECB believes that the rise in inflation is temporary and that monetary policy in the euro zone is much looser than the Fed, which is expected to start shrinking soon.

For now, however, price rises in the euro zone are likely to continue to accelerate. Imported inflation in Germany, the region's largest economy, is currently 15 per cent. Eurozone retailers plan to raise prices in the next three months, but consumers have also adjusted their strategies, saying they are unlikely to make major purchases in the coming year.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment