Central Banks
Euro-Zone Inflation Set to Hit First Bump in ECB’s Road to 2%
- Data may illustrate volatility that Lagarde has predicted
- GDP report may show region returned to growth after recession
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The slowdown in euro-zone inflation may have stalled in April for the first time this year, just after a quarter when the economy shook off the shallow recession it suffered in late 2023.
Consumer prices probably rose 2.4% from a year earlier, matching the outcome for March, according to the median forecast of economists surveyed by Bloomberg. They anticipated gross domestic product to have risen 0.1% in the first quarter.