{"id":424498,"date":"2025-04-16T12:13:46","date_gmt":"2025-04-16T10:13:46","guid":{"rendered":"https:\/\/www.eunews.it\/2025\/04\/16\/eurostat-inflazione-22-a-marzo-bce\/"},"modified":"2025-04-16T15:31:35","modified_gmt":"2025-04-16T13:31:35","slug":"eurostat-confirms-estimate-inflation-at-2-2-percent-in-march-eyes-on-the-ecb","status":"publish","type":"post","link":"https:\/\/www.eunews.it\/en\/2025\/04\/16\/eurostat-confirms-estimate-inflation-at-2-2-percent-in-march-eyes-on-the-ecb\/","title":{"rendered":"Eurostat confirms estimate: inflation at 2.2 percent in March. Eyes on the ECB"},"content":{"rendered":"<p>Brussels &#8211; Everything was as expected, or almost. Eurozone inflation in March fell 0.1 percentage point to 2.2 percent, <a href=\"https:\/\/www.eunews.it\/en\/2025\/04\/01\/eurozone-march-inflation-drops-to-2-2-percent\/\" target=\"_blank\" rel=\"noopener\">in line with the preliminary reading<\/a>. Eurostat confirms the provisional\u00a0estimates, updating the details of the final result. <span class=\"HwtZe\" lang=\"en\"><span class=\"jCAhz ChMk0b\"><span class=\"ryNqvb\"><strong> Energy <\/strong>(-1 percent in March, down from 0.2 percent in February) and<strong> services <\/strong>(3.5 percent, down from 3.7 percent in the previous month) drove down the cost of living. By contrast, the non-energy industrial goods component was stable (0.6 percent, unchanged). Rising, however, is the cost of food, alcohol, and tobacco (2.9 percent, up from 2.7 percent in February).<\/span><\/span><\/span><a href=\"https:\/\/www.eunews.it\/wp-content\/uploads\/2025\/04\/inflazione-marzo-25.png\"><img decoding=\"async\" class=\"alignleft size-full wp-image-424490\" src=\"https:\/\/www.eunews.it\/wp-content\/uploads\/2025\/04\/inflazione-marzo-25.png\" width=\"336\" height=\"760\" srcset=\"https:\/\/www.eunews.it\/wp-content\/uploads\/2025\/04\/inflazione-marzo-25.png 336w, https:\/\/www.eunews.it\/wp-content\/uploads\/2025\/04\/inflazione-marzo-25-133x300.png 133w\" sizes=\"(max-width: 336px) 100vw, 336px\" \/><\/a><\/p>\n<p>Cost-of-living trends remain uneven across countries, with EU states with below-average currency, such as Ireland (1.8 percent), Luxembourg (1.5 percent), and even more so France (0.9 percent) and other countries grappling instead with higher inflation, as in\u00a0Croatia and Estonia (4.3 percent in both cases). Of note is <strong>Italy&#8217;s\u00a00.4 percentage point increase\u00a0in just one month<\/strong>, between February and March.<\/p>\n<p>Unless there are further revisions, the final\u00a0figure is good news for European states with the single currency and a valuable\u00a0point of reflection for the decisions the central bank will make tomorrow (April 17) at the <a href=\"https:\/\/www.ecb.europa.eu\/ecb\/decisions\/govc\/html\/index.en.html\" target=\"_blank\" rel=\"noopener\">Governing Council<\/a> meeting. With the level of inflation close to the\u00a0European Central Bank&#8217;s benchmark target of 2 percent, one waits to see to what extent the board may opt for a further interest rate cut.<\/p>\n<p><strong>Uncertainty posed by the trade scenario is weighing on the decisions<\/strong>. US\u00a0tariffs and EU counter-tariffs are only pausing, and <a href=\"https:\/\/www.eunews.it\/en\/2025\/03\/06\/ecb-cuts-rates-by-0-25-pct-pts-but-warns-of-tariff-risks-to-inflation-and-growth\/\" target=\"_blank\" rel=\"_blank noopener\">intention to pause\u00a0in interest rate cuts due to rising downside factors and risks to the economy and inflation<\/a>\u00a0may prevail. After all, the president of the Eurotower, <strong>Christine Lagarde,<\/strong> has not hidden<a href=\"https:\/\/www.eunews.it\/en\/2025\/04\/11\/tariffs-concern-for-the-euro-dollar-exchange-rate-lagarde-says-we-are-monitoring-the-effects-on-inflation\/\" target=\"_blank\" rel=\"noopener\"> her fears over euro-dollar exchange rate<\/a>\u00a0due to trade tensions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cost of living index uneven but close to 2 percent benchmark target. ECB council board meeting tomorrow amid the tariff uncertainty<\/p>\n","protected":false},"author":494,"featured_media":251733,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"episode_type":"","audio_file":"","podmotor_file_id":"","podmotor_episode_id":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","filesize_raw":"","date_recorded":"","explicit":"","block":"","jnews-multi-image_gallery":[],"jnews_single_post":{"format":"standard","override":[{"template":"1","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","post_calculate_word_method":"str_word_count","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"1","number_popup_post":"1","show_author_box":"0","show_post_related":"1","show_inline_post_related":"0"}],"image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post_position":"meta","trending_post_label":"Trending","sponsored_post_label":"Sponsored by","disable_ad":"0","subtitle":""},"jnews_primary_category":[],"jnews_override_counter":{"view_counter_number":"0","share_counter_number":"0","like_counter_number":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[25705],"tags":[28172,28794,26151,26105,25828,26107,26153,27722,26554,30237],"class_list":["post-424498","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-ecb-en-2","tag-bank-central-en-en","tag-dati-eurostat-en","tag-eurozone-en","tag-inflation-en","tag-tassi-di-interesse-en","tag-italy-en-2","tag-tassi-en","tag-tariffs-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/424498","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/users\/494"}],"replies":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/comments?post=424498"}],"version-history":[{"count":4,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/424498\/revisions"}],"predecessor-version":[{"id":424527,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/424498\/revisions\/424527"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media\/251733"}],"wp:attachment":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media?parent=424498"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/categories?post=424498"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/tags?post=424498"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}