Inflation in the euro zone is rising significantly
In the eurozone, inflation increased significantly at the beginning of the year. The annual inflation rate rose to 0.9 percent in January, as the statistics agency Eurostat announced on Tuesday in Luxembourg after a second estimate. In December, the rate was significantly lower at minus 0.3 percent. This confirms an initial estimate as expected by analysts. Compared to the previous month, consumer prices rose by 0.2 percent.
The central bank therefore operates a very loose monetary policy. In addition, the figures in January are only likely to be of limited significance, as special effects such as the expiry of the temporary VAT cut and the introduction of a CO2 tax in Germany have distorted the figures.
In any case, many perceive the measured values as not really representative, since the glut of money is having an extreme effect on the financial markets and also in real estate, as the enormous evaluations of many values show.
onvista editorial team / dpa-AFX
Titelfoto: H-AB Photography / shutterstock.com
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Equity markets pressure inflation rate euro zone increases significantly