| Euro area inflation rises less than expected in December
January 5, 2024--Eurozone inflation in December rose by 2.9% year-on-year, less than the 3% expected, ending a seven-month decline streak. Monthly, the inflation rate increased by 0.2%. Core inflation, excluding energy and food, hit 3.4%. |
| November's PPI fell by 0.3%, with a significant yearly drop of 8.8%.
Annual inflation in the Eurozone rose again in December after seven consecutive months of declines, albeit at a slower rate than anticipated. According to the latest flash estimates released Friday by Eurostat, the harmonised consumer price index (HICP) in the Euro area recorded a year-on-year increase of 2.9% in December. |
| ESAs warn of risks from economic and geopolitical events September 10, 2024--The three European Supervisory Authorities (EBA, EIOPA and ESMA-ESAs) today issued their Autumn 2024 Joint Committee Report on risks and vulnerabilities in the EU financial system. The Report underlines ongoing high economic and geopolitical uncertainties. |