Inflation in the Eurozone was down 5.1% during the year 2022

La Eurozone inflation no retroceder signals, and will close the month recording a 5.1% record, boosted by the increases in electricity energy prices.

Agreed with the European Statistical Agency Eurostatdeals with the highest inflation rates in the euro area (the 19 countries adopted by the single currency) since the beginning of the historic series, which began in 1997.

In December 2021, Eurozone inflation hit the record of the historical series, with 5% without precedent, but again the trend is ahead with a new increase.

This indicator is located very close to the meta expressed by the Central European Bank (BCE), which has as its object a lower “inflation per capita inflation” of 2%, and of this form can be subject to monetary authority.

The BCE has scheduled a meeting of the Jews.

Hasta now the BCE has insisted that the inflation was a temporary increase and that the trend indicates a reduction this year.

Now, the BCE is working with an inflation forecast of 3.2% in 2022, to return to the level of 2% in 2023, on a horizon that in recent months has moved, always rising.

La european economy there is a second recovery in the second and third quarter of the past year and this activity, marked by a robust demand, termination to acquire precision on prices.

Without embargo, Eurostat has shown that the main factor in increasing inflation is the one in the electricity pricesa situation in which he finds numerous emergency lights in the block.

In December, the euro’s energy prices rose 25.9%, while another 28.5 per cent were tested.

Thus, the food segment (which includes alcohol and tobacco) is still at an increase of 3.6%, and the services are experimenting with an increase of 2.4 per cent.

Pressure on the BCE

Baltic countries, Estonia (11.7%) and Lithuania (12.2%), are at the top of inflation in January.

Among the main economic economies of the Eurozone, Spain exhibits 6.1%, followed by Italy (5.3%), Germany (5.1%) and France (3.3%, by European media). In December, Spain registered 6.7% and Germany a 5.7 per cent.

Charlotte de Montpellier, economist at ING Bank, points out that the consensus of analysts stands at 4.4% lower inflation, and by this she expressed the surprise at 5.1 per cent.

“It’s showing that inflationary pressures in the eurozone are extremely important, and above all more important than the BCE forecast,” he told AFP.

For the BCE “clearly it is not an easy environment”, added.

Andrew Kenningham, Europe’s economist at Capital Economics Consultant, said the situation was “very low on the BCE”.

“The January inflation data responds to our opinion that the BCE will predict that inflation will be in its target mid-range,” it said.

The increase in energy prices and motivated a discussion at the level of state-of-the-art facilities in December, and now the timeline team is focusing on tensions with Russia, a natural gas ballast in Europe.