Research

Eurozone inflation outlook: still a touch of persistence

20 August 2025 11:28 RaboResearch

Eurozone inflation is set to ease gradually but remain slightly above the ECB’s 2% target through 2027. Energy and food price pressures are moderating, while labor market tightness and geopolitical risks still pose upside risks; however, supportive trade developments, a strong euro, and trade diversion help offset external inflationary spillovers, with near-term risks leaning slightly to the downside.

eu europiean union

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Marketing communication / Non-Independent Research. This publication is issued by Coöperatieve Rabobank U.A., registered in Amsterdam, and/or any one or more of its affiliates and related bodies corporate (jointly and individually: “Rabobank”). Coöperatieve Rabobank U.A. is authorised and regulated by De Nederlandsche Bank and the Netherlands Authority for the Financial Markets. Read more