Inflation & Prices
Euro Zone’s Painstaking Crawl to Price Stability Keeps ECB Wary
- Inflation seen to have slowed to 2.5% in data next Friday
- Numbers will give final glimpse before March 7 decision
Customers shop at an indoor market in Rome, Italy.
Photographer: Alessia Pierdomenico/BloombergThis article is for subscribers only.
The euro zone’s crawl toward steady consumer prices will probably advance next week with data offering policymakers limited progress just before they set interest rates.
Inflation in the 20-nation region probably slowed to 2.5% in February, according to the median forecast of economists surveyed by Bloomberg. That report is due on Friday after a 24-hour flurry of numbers from the region’s largest economies.