Natixis - Euro area: Will services price inflation remain sticky?

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Natixis

Dirk Schumacher

Euro area: Will services price inflation remain sticky?

Services price inflation has been sticky over the last couple of months, diverging from the disinflationary dynamics seen in other price categories. A moderation in wage pressure and lagged effects from lower energy prices should also lead to lower price pressure in the services sector and we forecast services inflation to decline to around 2.5% by the middle of this year. One risk factor for this scenario is continuing supply constraints in the services sector that could imply further “stickiness”.

11/03/2024 1 EN

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Natixis

Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.

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Analysts

Dirk Schumacher

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Euro area: Will services price inflation remain sticky?

April Employment Report Preview

Euro area: growth accelerates and core inflation slows

How Does China Conduct Industrial Policy: Analyzing Words Versus Deeds

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