ECB Economic Bulletin: Inflation Expected to Remain Stable, Reaching 2% in 2025

25 April 2024

By Aurėja Bobelytė – VILNIUS (Econostream) – Inflation is expected to remain stable and to reach the 2% target in 2025, according to the European Central Bank’s latest Economic Bulletin, published Thursday.

‘Inflation is expected to fluctuate around current levels in the coming months and to then decline to the 2% target next year, owing to weaker growth in labour costs, the unfolding effects of the Governing Council’s restrictive monetary policy, and the fading impact of the energy crisis and the pandemic’, the ECB said.

The ECB commented that long-term inflation expectations remained steady, mostly standing at around 2%