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  • Reuters

    Euro zone companies to slow price increases this year, ECB poll shows

    Euro zone companies expect to slow the pace of price increases this year as their outlook for costs and demand becomes less clear, a survey by the European Central Bank (ECB) showed. Helping the ECB's effort to tame rising prices, its quarterly exchange with large euro zone companies showed they had been slowing the pace of price increases and were anticipating smaller rises this year. "Selling prices continued to increase in aggregate but at a moderating pace and with more variability across sectors and a less certain outlook," the ECB said in its summary of the findings.

  • Reuters

    Euro zone inflation seen just above ECB's target in 2025, poll shows

    Euro zone inflation is set to decline to 2.1% in 2025, just a shade above the European Central Bank's target, an ECB poll of economists forecast on Friday. The ECB raised interest rates for the fifth straight time on Thursday and signalled more hikes ahead, reaffirming it would stay the course in the fight against high inflation. Its Survey of Professional Forecasters, which ECB policymakers use as a key gauge of market expectations, showed economists were expecting the euro zone central bank to eventually conquer inflation - but not before another two years.

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