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Eurozone Inflation Stalls at 2.2% in April, Core Pressures Intensify
Eurozone Inflation Stalls at 2.2% in April, Core Pressures Intensify
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Eurozone inflation defied expectations by holding steady at 2.2% in April, missing forecasts of a dip to 2.1%. The stagnation suggests persistent price pressures despite earlier signs of moderation. CORE inflation—stripping out volatile food and energy costs—jumped to 2.7% from 2.4%, signaling underlying economic heat.
Services sector inflation accelerated sharply to 3.9%, up from 3.5% in March. This dual dynamic of stable headline figures but rising underlying metrics complicates the European Central Bank’s path toward its 2% target. The data underscores a reality: while energy-driven price surges may fade, structural inflationary forces remain entrenched.
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