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MNI BRIEF: Headline And Core Inflation Could Cross Over - Knot

(MNI) LONDON

Sticky price rises, particularly in services, could see core inflation continue to rise even as falling energy prices contribute to a decline in headline inflation, Netherlands Central Bank governor Klaas Knot told an MNI Webcast Wednesday.

A crossover in average euro area measures of HICP inflation and inflation excluding energy and food is "well possible….the likelihood is clearly there," Knot said.

MNI Frankfurt Bureau | +49-69-720-146 | luke.heighton@marketnews.com
MNI Frankfurt Bureau | +49-69-720-146 | luke.heighton@marketnews.com

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