Markets by Region
| 2022/06/24 / Erste Group Research |
| Week Ahead |
Inflation likely to rise further Next week (July 1), a flash estimate of Eurozone inflation for June will be published. Based on current indications, we expect a further slight increase in inflation. We expect the momentum of both food prices and core inflation to increase further. The rate of change in energy prices is difficult to forecast. However, based on the development of electricity and oil prices, a further increase in momentum in June is possible. We expect upward pressure from food prices as well as core inflation to persist in the coming months. By contrast, provided that energy prices stabilize at current levels, the annual rate of change in energy prices should start to decline gradually. For 2022 as a whole, we continue to expect inflation of 6.9%. |
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General information
| Author | Erste Group Research |
| Date | 2022/06/24 |
| Product type | weekly / bi-weekly |
| Product name | Week ahead |
| Topic in focus | Macro/ Fixed income |
| Language |  |
| Market cap | - |
| Availability | All [1] |
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