Eurozona inflation decreased to less than 2 % of the European Central Bank in May: Type of Types on the Horizon
propagandaEnlargement The euro area It was reduced in May more than expected, which enhances the expectations announced by the European Central Bank (ECB) A new reduction in interest rates At your Thursday meeting. Annual consumer price growth slows down Up to 1.9 % in May, compared to 2.2 % in April, According to the first estimate of Eurostat. The number was less than 2 % planned by economists, and this is the first time that inflation has decreased from the 2 % target set by the European Central Bank since September 2024.
A decrease in general inflation indicates this Uncertainty in business,, Which are partially promoted by renewable global trade tensions and weak demand for consumers, it weighs the ability of pricing in all sectors. the Economic inflation The basic prices that exclude the prices of flying food and energy, and also showed signs of moderation. Up to 2.4 % in MayFrom 2.7 % April, less than 2.5 % expectations. By monthly conditions, the basic prices increased only 0.1 %. Among the main components of inflation, Food, alcohol and tobacco They remained the most powerful engine, with an increased interand by 3.3 %, compared to 3.0 % in April. The inflation of services, which was particularly resistant, fell, 4.0 % to 3.2 %, which greatly contributed to the general slowdown.
Unstable industrial goods recorded a stable annual increase of 0.6 %, while energy prices continued their descending path, as it decreased by 3.6 % compared to last year. By monthly conditions, Global inflation remained stableAfter 0.6 % in April, indicating a clear slowdown in defense. The highest annual rates were recorded in Estonia (4.6 %), Slovakia and Croatia (4.3 % in both cases). France recorded the lowest inflationWith only 0.6 %, indicating a noticeable difference in prices on prices between the eurozone members.
The highest monthly inflation was recorded in Portugal and CroatiaWhere prices rose 0.7 % and 0.6 %, respectively. On the contrary, in Belgium, Spain, France, Lithuania, the Netherlands, Austria and Slovenia, deviation characters were recorded. On the other hand, Eurostat stated that average Unemployment From the euro area decreased to 6.2 % in May, compared to 6.3 % in March and 6.4 % from the previous year.
The market is obligated to relax in the European Central Bank
The euro lost the land against the dollar After publishing inflation data and decreased to $ 11400, while investors are betting on reducing 25 basic points for the type of European Central Bank on Thursday. The pieces will put the type of ease of deposit in 2.0 %, its lowest level since January 2023.
Los Sovereign bonds From the euro area they remained in general. The profitability of the German reward was transferred to two years, which is sensitive to the European Central Bank policy movements, 1.77 %.
the European variable income It fell on Tuesday morning, as Euro Stoxx 50 % lost 0.8 %, after the Organization for Economic Cooperation and Development reduced global growth prospects, noting a slowdown with growing trade tensions. Orange, Société Générale and LVMH led the losses, with a decrease of 3 %, 1.9 % and 1.6 %, respectively. Deutsche Telekom won 2 % and became the highest performance value between the first arrangement values for the euro area.
