Lagarde (Bce): "Processo disinflazionistico in atto, si attester? intorno a 2%"

Guarda Lagarde (Bce): "Processo disinflazionistico in atto, si attester? intorno a 2%" - Quotidiano Nazionale su Dailymotion

Transcript

00:00Looking at inflation. Annual inflation increased to 2.4% in December, up from 2.2% in November.

00:12As in the previous month, the increase was expected and primarily reflected past sharp

00:19drops in energy prices falling out of the calculation. Along with the month-on-month

00:25increase in December, this led energy prices slightly higher on an annual basis, after

00:32four consecutive declines. Food price inflation edged down to 2.6% and goods inflation to

00:420.5%. Services inflation edged up to 4%. Most underlying indicators have been developing

00:55in line with the sustained return of inflation to our medium-term target.

01:00Domestic inflation, which closely tracks services inflation, has remained high as wages

01:08and some services prices are still adjusting to the past inflation surge with a substantial

01:15delay. At the same time, recent signals point to continued moderation in wage pressures

01:24and to the buffering role of profits. We expect inflation to fluctuate around its

01:32current level in the near term. It should then settle sustainably at around the 2% medium-term

01:39target.