Lagarde (ECB) confirms expecting a decline in inflation


Lagarde (ECB) confirms expecting a decline in inflation |  Photo credits: Michael Probst/AP/Sipa

Lagarde (ECB) confirms expecting a decline in inflation | Photo credits: Michael Probst/AP/Sipa

FRANKFURT, Jan 21 (Reuters) – Demand in the euro zone remains sufficiently subdued to support expectations of an ebb in inflation this year, European Central Bank (ECB) President Christine Lagarde said on Friday.

In an online debate organized by the World Economic Forum, she explained that energy prices are expected to stabilize in the coming months and that bottlenecks in supply chains, another driver of the rise in prices, could also be absorbed.

Inflation in the euro zone reached 5% year on year in December, more than twice the target set by the ECB, but the latter expects it to return to around 2% by the end of the month. ‘year.

(Report Balazs Koranyi, French version Marc Angrand)





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