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Eurozone Inflation Drops For First Time Since 2021

  • #Prices
  • #Ukraine
  • #Russia
  • #Finance
  • #Economic conditions & trends
  • #Headlines
  • #Europe
  • #Money
story
NOV 2022
Image copyright: AFP/Getty Images [via Politico]
story last updated NOV 2022

The Spin

Narrative A

While the road to economic recovery is far from over, the latest data brings much-needed relief to the eurozone's tumultuous economic environment and signals that the ECB's strategy may finally be working, strengthening the case for more moderate ECB action next month. This is good news.

Reuters

Narrative B

Although this is a welcomed reverse to months of unabating price increases, it's too soon to ease monetary tightening. Inflation may have eased in November, but so did economic growth — the eurozone isn't out of the woods, and to pretend otherwise would have disastrous consequences.

New York Times

Articles on this story

Eurozone inflation falls for the first time in over a year
FOX NewsJUL 2022
Eurozone Inflation Eased in November, but Further Rate Rises Likely
Wall Street JournalJUL 2022
Inflation in Eurozone Slows as Energy Prices Ease, but Officials Remain Wary
New York TimesJUL 2022