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I noticed that in December of last year, inflation figures in France experienced some changes. According to official data, the annual inflation rate dropped to 0.7%, which was lower than the previous month. For comparison, November showed 0.8%, so the downward trend is quite noticeable.
An interesting point was how the European Central Bank responded to these trends. At the meeting, they kept the deposit rate at 2%, without changing the course. At the same time, the ECB raised its growth forecast for the Eurozone to 1.4% and 1.2% for the upcoming periods. Bank President Lagarde stated that the economic policy is currently in good shape.
On one hand, the decrease in inflation looks positive, but as always in such matters, everything depends on how the situation develops further. We are awaiting data from Germany and revised figures for the entire Eurozone—they should provide a more complete picture of how things truly stand regarding prices and the economic condition in the region.