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10.05.2024 / Erste Group Research

Services inflation finally declines

At first glance, there was no further progress in inflation in April, as it stabilized at the level of 2.4% y/y. A further slight decline in food prices and core inflation was offset by increasing upward pressure from energy prices.

In our view, however, the noticeable fall in service provider inflation to 3.7% y/y was particularly important. This is because service provider inflation had previously stabilized at the level of 4.0% y/y for several months.


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Základní informace

AutorErste Group Research
Datum10.05.2024
Jazyken
Název produktuWeek ahead
Hlavní témaMakro/Úrokové sazby
Zaostřeno na ekonomikuEurozóna, Spojené Státy
Zaměřeno na měnuAmerický dolar, Euro
Zaměřeno na sektor-
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