#services-inflation

#services-inflation

Inflation across the Eurozone dropped to 2.1% in October, welcome news for the European Central Bank (ECB) as the figure closes in on its 2% target. Prices in the Eurozone are currently taking a different trajectory to those in the UK and the US, where inflation sits at 3.8% and 3% respectively. The strength of the Euro this year has helped to contain the worst effects of US tariffs, keeping a lid on the price of imports to some extent for European businesses and consumers and combatting the potential for imported inflation.