Eurozone inflation at a high five -month -old will keep the ECB on waiting

THE inflation to eurozone It has risen to a high five -month -old in September, a result that may boost the determination of policy executives to avoid further reduction in interest rates at present.

Consumer prices rose by 2.2% compared to the previous year, according to the average provision of 35 economists involved in Bloomberg survey. These inflation data will be published on Wednesday (1.10.2025), following national reports that may also show recovery in all four largest eurozone countries.

The increase in general inflation by 2% in August will be the largest this year. According to Bloomberg Economics, the increase in prices is due to the rise in energy costs and air fares.

Inflation fluctuations are normal and the factors that affect them are usually those considering the European Central Bank (ECB). However, a rise above the 2% target is likely to encourage officials not to make changes to borrowing costs next month. This is the last measurement of inflation they will see before their decision on October 30.

The result will follow national measurements, starting Monday (29.9.2025) with Spain. Economists predict that price rise there will be 3% from 2.7% in August.

The following day Tuesday (30.9.2025), inflation in France is projected to reach 1.3%, also accelerating significantly, while the results expected to 1.8% in Italy and 2.2% in Germany will also show slight acceleration.

ECB officials were unanimous to keep interest rates unchanged in September and seem to be completely satisfied with the decision for October. Therefore, the next important time to make decisions is likely to be in December, when they will have the new quarterly forecasts.

In addition to the expected data, next week is expected to be one of the most intense in appearances by the ECB’s policy -making appearances. Two -thirds of the Board of Directors are going to speak, some of them more than once.

The most important events include a conference on Tuesday in Finland with the participation of President Christine Lagarde and other policy -making managers, as well as another conference with many participants from around the world on Friday in Amsterdam, on the occasion of Dutch Commander Klaas.

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