- AI investment and government spending should support growth
- Renewed energy prices increases and financing costs hurt confidence and growth
- Early stages of pricing chain point to upward pressure
- Wages pressures remain moderate
the euro dipped as low as 1.1106 to 1.1130.
- Energy prices have increased beyond the baseline path
- Energy will boost inflation further in the medium term
- Headline inflation likely well above target in coming quarters
- Risks to growth are to the downside
This article was written by Adam Button at investinglive.com.