US EditionEuro zone inflation dips in January as soft patch begins
Eurozone inflation dipped to 1.7% in January, below the European Central Bank's 2% target, easing pressure on interest rates as core inflation also declined to 2.2%.
- Euro zone inflation dipped to 1.7% in January, entering a soft patch expected to last at least a year.
- A key underlying inflation measure stripping out volatile items also edged down to 2.2%, as service sector prices continued easing.
- The European Central Bank is expected to keep interest rates steady on Thursday and through the remainder of the year based on these readings.
31 Articles
31 Articles
Inflation in the eurozone slowed down in January to 1.7% year-on-year, according to official data published on Wednesday, 4 February, thanks mainly to a reduction in energy prices.The increase in consumer prices fell from 2% the previous month and fell below the target of 2 percentage points set by the European Central Bank (ECB).The January figure fits with the forecasts of analysts consulted by Bloomberg and FactSet.The underlying inflation, w…
In the eurozone, inflation continued to decline as expected and fell to the lowest level since September 2024. Consumer prices rose by 1.7 percent year-on-year in January, according to a first estimate by Eurostat on Wednesday in Luxembourg. Economists had expected this to happen on average. In December 2025, the rate was still 2.0 percent. The European Central Bank (ECB) is aiming for two percent in the medium term. The ECB had not last touched…
Consumer price inflation in the eurozone slowed slightly in January. The annual inflation rate was 1.7%, down 0.3 percentage points from December, according to a preliminary estimate by the European statistics office Eurostat.
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