ECB expects food inflation to settle above 2 percent
ECB President Christine Lagarde expects food inflation to settle just above 2% by late 2026. Headline inflation should reach its target as wage growth eases.
Xurve View
Xurve View
The European Central Bank expects food inflation to settle just above its 2% target late this year, a level considered crucial for how consumers perceive price stability. President Christine Lagarde noted that while prices are expected to continue their descent, they are likely to stabilize slightly above the 2% mark by late 2026.
