WORLD ECB raises inflation forecasts through 2024


ECB raises inflation forecasts through 2024


21:26, December 15, 2022

Photo: CFP

The ECB on Thursday raised its inflation forecasts, with consumer price growth now seen reaching 8.4 percent for 2022 before easing slightly to 6.3 percent next year.

"Food price inflation and underlying price pressures across the economy have strengthened and will persist for some time" before easing over the course of 2023, it warned.

By 2024, inflation should average 3.4 percent before reaching 2.3 percent for 2025, it said.

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue