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MNI BRIEF: ECB Sees Headline Inflation Below Target By End '25

(MNI) LONDON
(MNI) London

Year-end inflation seen at 1.9%, below the ECB's 2% target level.

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Headline inflation is projected to be below the European Central Bank's 2% target by the end of 2025, according to the latest round of estimates by its Frankfurt-based staff.

Although 2025 headline inflation was presented in the policy decision at 2.1%, that is the average for the year, and full projections released later show it at 1.9% in Q4 '25. End-2024 sees inflation at 2.9% versus the average 3.2% for 2024 presented in the policy documents.

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Headline inflation is projected to be below the European Central Bank's 2% target by the end of 2025, according to the latest round of estimates by its Frankfurt-based staff.

Although 2025 headline inflation was presented in the policy decision at 2.1%, that is the average for the year, and full projections released later show it at 1.9% in Q4 '25. End-2024 sees inflation at 2.9% versus the average 3.2% for 2024 presented in the policy documents.

Keep reading...Show less