Inflation tracker: Service prices are holding up
A slight rise in inflation was seen on both sides of the Atlantic this autumn. However, the resilience of service prices and the geopolitical risks anticipated for 2025 do not, at this stage, threaten a landing scenario for inflation. In our view, this should be achieved more quickly in the eurozone than in the United States and the United Kingdom. Price pressure indicators (on the supply side) were very slightly down (page 19 of the pdf file).
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