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Euro-Area Inflation May Finally Start to Pick Up Again

But the headline rate is still well below the European Central Bank’s goal.

Fergal O'Brien

(Bloomberg) --

The first pickup in euro-area inflation in five months is on its way, with price growth forecast to have accelerated to 0.9% in November from 0.7%. But the headline rate is still well below the European Central Bank’s goal and highlights the big challenge facing President Christine Lagarde. In her first major speech on Friday, she noted the “relatively subdued performance of underlying inflation.”

©2019 Bloomberg L.P.

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