Inflation in the eurozone falls below the target of 1.9%

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European Central Bank for the first time in the target of Eurozone, which fell by the target of 2 percent, for the first time in two months, economists fell to 2 percent in two months, more percent more percentage was reduced this year.

The annual inflation reading of May 1.9 percent of May was apricot of April 2.2 percent and a reuters of analysts under the expectations of a Reuters in a Reuters.

For the first time since September, the goal was reduced to 1.7 percent by 1.7 percent after passing more than three years.

Europe slipped in emergency trade after the data edition on Tuesday, fell from $ 0.341 per day.

In a reference to the effect Donald Trump’s tariffsS & P in global market intelligence, an economist Diego Iscaro said that inflation will be “norms of the consumption of the highly indefinite economic consumption.”

He predicted that the price pressures would be easier to arrive
months because of stronger euro, cheaper commodity and softer
The labor market waited to reduce the production of ECB 1.25 percent to 1.25 percent compared to 1.25 percent of 1.25 percent.

The Central Bank will decide the next interest rate and will update inflation forecasts on Thursday. In March, this year, inflation in the foreign exchange region predicted the target above the target before falling in 2026 to 1.9 percent.

After the data issuance, the markets that change the markets continued to wait another quarter points ECBEvaluation interest rate on Thursday. This ratio is the lowest in two years, more than 2 to 2024 percent of the Central Bank’s debt costs.

This time next year, quarter-pointed cuts are evaluated.

This week means a cut, the ECB’s “entering the final stages of interest”, portfolio manager Constantine Veiti in Pimco, written to customers before releasing the figures on Tuesday.

“The basic value pressures continue to collapse, and salary pressures make it easier than expected in advance,” he said.

Tuesday figures showed that the main inflation fell 2.3 percent compared to 2.7 percent in April in April, except for variable food and energy prices.

The figure closely monitored for services – a measure for internal price pressure – 2022 percent of 2022 percent, landed to the lowest level. Reached 4 percent in April.