ECB: Underlying inflation likely peaked in the first half of 2023

Commenting on the Euro area inflation outlook, the European Central Bank (ECB) said in an article published on Friday, “underlying inflation likely peaked in the first half of 2023.”

Additional quotes

“Most measures of underlying inflation are showing signs of easing.”

“Persistent and common component of inflation appears to have started to decline for services too.”

“Underlying Eurozone inflation probably peaked in first half of 2023.”