3 February 2025

The person buys products at the MERCADO store in Lisbon, Portugal, on January 25, 2025.

Louis Bouza Norfuto Gety pictures

Flash data from the Eurostat Agency on Monday showed that the eurozone economy accelerated to 2.5 % of expected in January on an annual basis.

The economists of Reuters expected that inflation printing in January will reach 2.4 %, unchanged from December.

The main inflation in the euro area reached a decrease of 1.7 % in September, but it has since been re -signed with the basic effects of low energy prices. the European Central Bank He said last week that inflation was “on the right path.”

The bank added: “Inflation continued to develop on a large scale with the expectations of employees, and it is scheduled to return to the goal of the Mediterranean Council 2 % in the council 2 % during this year.” “Most basic inflation measures indicate that inflation will settle throughout the target on a continuous basis.”

On Thursday, the European Central Bank reduced interest rates by 25 basis points, up to the main deposit facilitation rate of 2.75 %. More discounts in prices from the European Central Bank are expected to be made throughout the year.

Monday data comes after many eurozone economies, including France and Germany, and reported last week about the latest consumer price index data. The annual average of 1.8 % France And 2.8 % in GermanyAccording to the initial data of the country's statistics agencies. The numbers are coordinated across the euro area for comparison.

This is an urgent news story, please check again for updates.

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