Name: Euro zone inflation rises to hotter-than-expected 2.5% in January
Uploaded: 2025-02-03T23:19:34+00:00
Duration: 58 s
Description: Eurozone inflation rose to 2.5% in January, surpassing expectations due to a sharp increase in energy costs, according to Eurostat data. Core inflation, excluding food, energy, alcohol, and tobacco, h

9 months ago

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Eurozone inflation rose to 2.5% in January, surpassing expectations due to a sharp increase in energy costs, according to Eurostat data.

Core inflation, excluding food, energy, alcohol, and tobacco, held steady at 2.7%, while services inflation slightly decreased to 3.9%.

Energy costs surged by 1.8%, up from a minimal rise in December.

Despite the rise in inflation, the European Central Bank (ECB) remains on track to meet its 2% medium-term target by the summer, with further interest rate cuts anticipated, CNBC has reported.

However, experts warn that potential tariffs could add inflationary pressure.

📉 How do you think the ECB will handle the rising inflation?

🔮 Will interest rate cuts be enough to control inflation? Let us know your thoughts!

👍 Like if you think energy prices will keep pushing inflation higher!

💬 Drop a comment—What impact do you think potential tariffs could have on inflation in Europe?

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