Latest / The European Economy Podcast with Fexingo: ECB, Eurozone, and Continental Markets
Why Eurozone Inflation Is Sticky in Services Not Goods
Episode 111 of The European Economy Podcast with Fexingo. Lucas and Luna examine why eurozone services inflation is proving stubbornly sticky even as goods price growth collapses. Drawing on the latest ECB data and the July 14 market backdrop—with VGK down 1.3% over five days and the trade-weighted dollar easing slightly—they unpick the structural forces keeping services inflation above 4%: labor shortages in hospitality and care, the shift from goods to experiences, and the lagged passthrough of wage growth. They contrast this with the deflationary trend in traded goods, where Chinese…
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