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Feb 24, 2025
Eurozone inflation holds steady as expected
Inflation data bolsters ECB stance as markets await next moves
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The Eurozone Core CPI report was released today, 24 February 2025, and it came in line with expectations, reflecting continued inflationary pressures but without surprises for the markets. The annual inflation rate recorded 2.5%, slightly higher than the previous month’s reading of 2.4%, while the Core CPI remained at 2.7% year-on-year, unchanged from the previous month. On a monthly basis, the index fell by 0.3%, in line with expectations. |
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These figures suggest that inflation remains within the range that would allow the European Central Bank to maintain its current approach to monetary policy.
The data had little impact on markets, with the euro moving within a narrow range against the US dollar as investors await any developments that might affect the central bank’s decisions in the coming period.