The consumer price index in the euro area rose by 2.8% last month compared to the same month last year, and the growth rate was lower than the previous month for the first time in two months.
Last month's consumer price index for 20 euro zone countries, including Germany and France, announced by the European Union on the 1st, rose 2.8% compared to the same month last year.
The growth rate was lower than the previous month for the first time in two months.
Looking at the breakdown, the growth rate of items including food was 5.7%, which was lower than the previous month, and energy was down 6.3%.
By country
, growth rates decreased from the previous month in
Germany, Europe's largest economy, at 3.1%, and 3.4% in France
; however, growth rates in Spain increased to 3.5%
, and Italy increased by 0.9%.
The inflation rate in the euro area has been declining at the 2% level for four consecutive months, but the European Central Bank left its main policy interest rate unchanged at a high level of 4.5% for the third consecutive meeting at its board meeting last month. I am deciding.
Governor Lagarde said in a press conference after the meeting that it was "too early to discuss" interest rate cuts in relation to future monetary policy, and that interest rates would be maintained at the current level for the time being in order to reach the 2% inflation target. It seems that.