After a further huge jump in March, German inflation is likely to average at least 7% this year, and there are plenty of upside risks, not least the threat of power shortages. With price pressures remaining very high, we think the ECB will be increasingly keen to get interest rates out of negative territory.
Euro-zone Drop-In (31st March, 09:00 EDT/14:00 BST): Is Europe at risk of recession? Join our Europe and Markets economists for this 20-minute briefing this Thursday about war, inflation, supply chain disruptions and what this could all mean for the ECB. Register here.
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