Inflation update

22 May 2023 | 1 min. readingtime

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Inflation: a brief update

Inflation in the eurozone seems to have passed its peak. In this update, we dive a little deeper into this with our inflation dashboard. Our dashboard indicates that the recent cooling of inflation has been driven mainly by declining commodity prices and tighter monetary policy. However, there is still upward pressure from the labour market. This suggests that core inflation, which is relatively sensitive to wage growth, may well remain high for longer than financial markets estimate. Read the full report by downloading it.

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  • Outlook

Author

79696 0422 Raphie

Raphie Hayat

Senior investment strategist

Raphie has a PhD in economic sciences and is an investment strategist at a.s.r. vermogensbeheer who writes about the interface between macroeconomics and financial markets.

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