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Analyst: There is a significant risk of overadjustment in inflation in the Eurozone this year.
GoldenOctober2024
On March 6th, Jin Shi Data analyst RAM stated that the Central Bank of Europe currently expects a inflation rate of 2.3% for this year, compared to 2.1% in December last year. This does not even take into account Germany’s defense spending, as well as the plans that the EU may formulate in the coming days. Therefore, inflation is likely to overshoot significantly. It can be said that even if the inflation expectation remains unchanged at 2.3%, it would be abnormal if the inflation rate falls below the new level of 2.50%.
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