* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Thursday, May 8, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Blackstone River Theatre presents music from Scotland with Cantrip – The Valley Breeze

    Experience the Enchanting Sounds of Scotland: Cantrip Takes the Stage at Blackstone River Theatre!

    The viral wireless audio dongle for in-flight entertainment just got a big upgrade – and I love it – ZDNET

    Game-Changer for In-Flight Entertainment: The Upgraded Wireless Audio Dongle You’ll Love!

    Tahoe City Downtown Association opens 4th of July Entertainment Grant Program – Sierra Sun

    Celebrate Independence Day: Tahoe City Launches Exciting 4th of July Entertainment Grant Program!

    WEBTOON Entertainment Revolutionizes Webcomic Discovery with Innovative New Personalization Features and Product Updates – Business Wire

    Unlocking a New Era of Webcomic Discovery: WEBTOON’s Exciting Personalization Features and Updates!

    What does Gen Z consider entertainment? – The Drum

    Unlocking Gen Z’s Entertainment Preferences: What Captivates the Next Generation

    MSQ Sport + Entertainment appoints Steph Lund as North America CEO – Campaign US

    Steph Lund Takes the Helm as CEO of MSQ Sport + Entertainment in North America!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Trump administration set to overhaul Biden’s AI chip export regulations – TechHQ

    Trump administration set to overhaul Biden’s AI chip export regulations – TechHQ

    Technology is the key to empathy in insurance – InsuranceNewsNet

    Unlocking Empathy: How Technology is Transforming the Insurance Experience

    Technology – Inflexion

    Revolutionizing the Future: The Impact of Cutting-Edge Technology

    Outdated technology and stress-related absences contribute to Newark Airport chaos – Travel Weekly

    How Outdated Technology and Stress Are Fueling Chaos at Newark Airport

    Tech & AI LIVE London: Q&A with IBM’s Nabeel Nawaz – Technology Magazine

    Tech & AI LIVE London: Q&A with IBM’s Nabeel Nawaz – Technology Magazine

    Radar Technology Offers Contactless Vital Sign Monitoring for Rural Healthcare – AZoSensors

    Revolutionizing Rural Healthcare: How Radar Technology Enables Contactless Vital Sign Monitoring

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Blackstone River Theatre presents music from Scotland with Cantrip – The Valley Breeze

    Experience the Enchanting Sounds of Scotland: Cantrip Takes the Stage at Blackstone River Theatre!

    The viral wireless audio dongle for in-flight entertainment just got a big upgrade – and I love it – ZDNET

    Game-Changer for In-Flight Entertainment: The Upgraded Wireless Audio Dongle You’ll Love!

    Tahoe City Downtown Association opens 4th of July Entertainment Grant Program – Sierra Sun

    Celebrate Independence Day: Tahoe City Launches Exciting 4th of July Entertainment Grant Program!

    WEBTOON Entertainment Revolutionizes Webcomic Discovery with Innovative New Personalization Features and Product Updates – Business Wire

    Unlocking a New Era of Webcomic Discovery: WEBTOON’s Exciting Personalization Features and Updates!

    What does Gen Z consider entertainment? – The Drum

    Unlocking Gen Z’s Entertainment Preferences: What Captivates the Next Generation

    MSQ Sport + Entertainment appoints Steph Lund as North America CEO – Campaign US

    Steph Lund Takes the Helm as CEO of MSQ Sport + Entertainment in North America!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Trump administration set to overhaul Biden’s AI chip export regulations – TechHQ

    Trump administration set to overhaul Biden’s AI chip export regulations – TechHQ

    Technology is the key to empathy in insurance – InsuranceNewsNet

    Unlocking Empathy: How Technology is Transforming the Insurance Experience

    Technology – Inflexion

    Revolutionizing the Future: The Impact of Cutting-Edge Technology

    Outdated technology and stress-related absences contribute to Newark Airport chaos – Travel Weekly

    How Outdated Technology and Stress Are Fueling Chaos at Newark Airport

    Tech & AI LIVE London: Q&A with IBM’s Nabeel Nawaz – Technology Magazine

    Tech & AI LIVE London: Q&A with IBM’s Nabeel Nawaz – Technology Magazine

    Radar Technology Offers Contactless Vital Sign Monitoring for Rural Healthcare – AZoSensors

    Revolutionizing Rural Healthcare: How Radar Technology Enables Contactless Vital Sign Monitoring

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

Dip in euro zone inflation bolsters case for ECB easing

February 29, 2024
in Business
Dip in euro zone inflation bolsters case for ECB easing
Share on FacebookShare on Twitter

Euro zone inflation dips but stubborn core prices may worry ECB
© Reuters. FILE PHOTO: European Union flags fly outside the European Commission headquarters in Brussels, Belgium, March 1, 2023.REUTERS/Johanna Geron/File Photo

FRANKFURT (Reuters) -Euro zone inflation dipped further this month, strengthening the case for the European Central Bank to start easing interest rates from record highs later this year, even if data suggest a much slower decline in underlying price pressures.

The ECB has kept interest rates at record highs since September but talk has decisively shifted to cuts as price growth is now moving closer to target, even if some crucial areas like services and wage growth remain a concern.

Inflation eased in Germany, France and Spain, while labour market slack in Germany, the 20-nation euro zone’s biggest economy, increased a touch, potentially pointing to some easing wage pressures, national authorities said.

The figures, broadly in line with estimates, suggest that euro zone inflation, to be published on Friday, will show a slowdown to around 2.5% in February from 2.8% January, moving even closer to the ECB’s own 2% target.

“Overall, today’s prints show that the disinflation process continues in the euro zone and suggest we will see a small decline in the February print,” Leo Barincou at Oxford Economics said in a note.

Inflation dipped to 2.7% from 3.1% in Germany, to 3.1% from 3.4% in France, and to 2.9% from 3.5% in Spain, with falls driven primarily by energy and food prices.

Still, ECB policymakers are likely to argue that volatile items are dragging down overall inflation and that is masking less favourable trends for underlying prices.

“Underneath the favourable headline inflation rate, there are still enough price pressures to worry about – which should deter the ECB from cutting rates too early,” ING economist Carsten Brzeski said.

In Germany, core inflation held stead at 3.4% as services price growth remained quick while in France, services inflation slowed to just 3.1% from 3.2%. Spanish core inflation was still 3.4%, uncomfortable readings that could point to a rebound in overall price growth further down the road.

The ECB will next meet on March 7 and while no policy change is expected, the bank is likely to acknowledge the improved inflation outlook, which will eventually open the door to rate cuts, perhaps around mid-year.

Thursday’s national data also offered some mild good news on the labour market, the single biggest risk factor for prices because wage growth is too rapid.

The number of people out of work in Germany increased more than expected in February with the number of unemployed growing by 11,000 to 2.713 million.

The change is minor, however, and the jobless rate remained stable at 5.9%, doing little to lift the euro zone’s own rate from a record low 6.4%.

The tight labour market is an anomaly. The euro zone economy has stagnated for the past six quarters and unemployment would normally rise sharply in such an environment.

But firms are hanging onto labour, thanks to healthy margins and because firms fear that finding labour will be difficult once the upswing starts.

“Despite some mixed aspects, the (German) labour market data continue to be very resilient, given the weakness in overall growth,” JPMorgan economic Greg Fuzesi said. “High levels of labour shortages, weakness in the workweek and decent corporate positions may be contributing to this.”

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Investing.com – https://www.investing.com/news/economy/dip-in-euro-zone-inflation-bolsters-case-for-ecb-easing-3319921

Tags: BolstersbusinessInflation
Previous Post

ECB to cut rates in June, but economists split on risk around timing: Reuters poll

Next Post

KiwiRail reports big hit to bottom line after cancellation of Interislander project

Geophysicists pinpoint location of Yellowstone magma reservoir – Physics World

Geophysicists Uncover the Hidden Secrets of Yellowstone’s Magma Reservoir!

May 8, 2025
Economy: China Extends A Hand To The U.S…. But At What Cost? – Cointribune

China Reaches Out to the U.S.: What Are the Hidden Costs

May 8, 2025
Blackstone River Theatre presents music from Scotland with Cantrip – The Valley Breeze

Experience the Enchanting Sounds of Scotland: Cantrip Takes the Stage at Blackstone River Theatre!

May 8, 2025
Sonde Health and Saaya Health Forge Strategic Partnership to Improve Workforce Performance and Wellness for Blue-Collar Enterprises – Business Wire

Transforming Blue-Collar Workplaces: Sonde Health and Saaya Health Join Forces to Boost Performance and Wellness

May 8, 2025
Friedrich Merz calls for US to ‘stay out’ of German politics – The Guardian

Friedrich Merz Urges the US to Keep Its Distance from German Politics

May 8, 2025
Update On How Centers Of Platform Gravity Are Shaping The Cybersecurity Technology Market – Seeking Alpha

How Centers of Platform Gravity Are Transforming the Cybersecurity Technology Landscape

May 8, 2025
Women’s sports are fighting an uphill battle against our social media algorithms – The Conversation

Breaking Barriers: How Women’s Sports Are Challenging Social Media Algorithms

May 8, 2025
Elizabeth Pringle: Ecology of plant-animal interactions – University of Nevada, Reno

Exploring the Intricate Dance of Plant-Animal Interactions: Insights from Elizabeth Pringle

May 8, 2025
The science is clear: Deep breathing can be a game changer for anyone. Elite athletes agree – The New York Times

The science is clear: Deep breathing can be a game changer for anyone. Elite athletes agree – The New York Times

May 8, 2025
Earth science student unveils treasure trove of Pacific Island climate stories – University of Hawaii System

Earth science student unveils treasure trove of Pacific Island climate stories – University of Hawaii System

May 8, 2025

Categories

Archives

May 2025
MTWTFSS
 1234
567891011
12131415161718
19202122232425
262728293031 
« Apr    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (591)
  • Economy (603)
  • Entertainment (21,516)
  • General (15,209)
  • Health (9,646)
  • Lifestyle (607)
  • News (22,149)
  • People (605)
  • Politics (610)
  • Science (15,824)
  • Sports (21,113)
  • Technology (15,593)
  • World (593)

Recent News

Geophysicists pinpoint location of Yellowstone magma reservoir – Physics World

Geophysicists Uncover the Hidden Secrets of Yellowstone’s Magma Reservoir!

May 8, 2025
Economy: China Extends A Hand To The U.S…. But At What Cost? – Cointribune

China Reaches Out to the U.S.: What Are the Hidden Costs

May 8, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version