The rate of increase in prices in the euro area decreased to 9.2% year-on-year in December from 10.1% in November. information about it it contains On the website of the European statistical agency Eurostat.
Reuters connected most of the decline with falling energy prices.
Gasoline prices in Europe this week went down rose to $733 per 1,000 cubic meters for the first time since February 18 last year. At the same time, the oil price of the reference North Sea brand Brent fallen It fell below $78 a barrel for the first time since December 12, 2022.
Financial Times, second half of December WroteHe said the eurozone economy will shrink by 0.01% in 2023 due to the energy crisis.
Russian President Vladimir Putin in mid-December declarationThat Europe has achieved, above all, an increase in inflation within itself by imposing sanctions.
In early December, Bundesbank President Joachim Nagel and Bank of France Governor François Villeroy de Galo promise Reducing inflation by a factor of five and returning to the 2% target by the end of 2024 or 2025.