Inflation tracker: Service prices are holding up

BNP Paribas Team BNP Paribas

A slight rise in inflation was seen on both sides of the Atlantic this autumn. However, the resilience of service prices and the geopolitical risks anticipated for 2025 do not, at this stage, threaten a landing scenario for inflation. In our view, this should be achieved more quickly in the eurozone than in the United States and the United Kingdom. Price pressure indicators (on the supply side) were very slightly down (page 19 of the pdf file).

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BNP Paribas Team

BNP Paribas

BNP Paribas Economic Research Department is a worldwide function, part of Corporate and Investment Banking, at the service of both the Bank and its customers.

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