{"id":40931,"date":"2021-02-03T17:15:02","date_gmt":"2021-02-03T13:15:02","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=40931"},"modified":"2021-02-03T17:15:05","modified_gmt":"2021-02-03T13:15:05","slug":"eurozone-inflation-rises-to-0-9-in-january","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/eurozone-inflation-rises-to-0-9-in-january\/02\/03\/market-updates\/","title":{"rendered":"Eurozone Inflation Rises to 0.9% in January"},"content":{"rendered":"\n<p>Inflation in the Eurozone rose well above expectations last month, driven by rising energy costs and a tax increase in Germany, to pose a potential challenge to the European Central Bank.<\/p>\n\n\n\n<p>Inflation has been below the European Central\u2019s target of nearly 2% for most of the past 10 years. The bank pledged to pursue a super-easing policy over the coming years, in light of weak price pressures and taking more time to recover from a recession caused by the Coronavirus pandemic.<\/p>\n\n\n\n<p>But the price increase, even if it is temporary as many policymakers expect, may make it more difficult to justify the exceptional stimulus, especially in Germany, the eurozone&#8217;s largest economy, which has been looking with great suspicion for years at the copious print of cash.<\/p>\n\n\n\n<p>The European Union&#8217;s statistics office Eurostat said annual inflation in the 19-nation Eurozone jumped to 0.9% in January from -0.3% over the previous four months, the highest in nearly a year and exceeds analysts&#8217; expectations of 0.5%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Inflation in the Eurozone rose well above expectations last month, driven by rising energy costs and a tax increase in Germany, to pose a potential challenge to the European Central Bank. Inflation has been below the European Central\u2019s target of nearly 2% for most of the past 10 years. The bank pledged to pursue a &hellip;<\/p>\n","protected":false},"author":9,"featured_media":32815,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[6928,6992,6987],"class_list":["post-40931","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-euro","tag-european-union","tag-inflation"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/40931","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=40931"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/40931\/revisions"}],"predecessor-version":[{"id":40932,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/40931\/revisions\/40932"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32815"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=40931"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=40931"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=40931"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}