Eurozone Pay Growth Could Keep Inflation High -- Market Talk

Dow Jones

Feb 25, 2025

1415 GMT - Eurozone wage growth will continue to keep inflation above the European Central Bank's 2% target this year, according to new estimates by Germany's Commerzbank. Negotiated wages rose 4.1% on year in the last quarter of 2024 in the 20-member currency area, slowing from 5.4% the previous quarter but still high relative to prepandemic salary growth, figures show Tuesday. "As companies are passing on high wages to consumers, consumer prices are also likely to continue to rise, particularly in the important services sector," Commerzbank's Vincent Stamer tells clients in a note. That means inflation will likely stay stubbornly above the ECB's target, despite some easing underyling price trends, he says.(joshua.kirby@wsj.com; @joshualeokirby)

(END) Dow Jones Newswires

February 25, 2025 09:15 ET (14:15 GMT)

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Negotiated wages rose 4.1% on year in the last quarter of 2024 in the 20-member currency area, slowing from 5.4% the previous quarter but still high relative to prepandemic salary growth, figures show Tuesday. \"As companies are passing on high wages to consumers, consumer prices are also likely to continue to rise, particularly in the important services sector,\" Commerzbank's Vincent Stamer tells clients in a note. That means inflation will likely stay stubbornly above the ECB's target, despite some easing underyling price trends, he says.(joshua.kirby@wsj.com; @joshualeokirby) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 25, 2025 09:15 ET (14:15 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Eurozone Pay Growth Could Keep Inflation High -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEurozone Pay Growth Could Keep Inflation High -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-02-25 22:15</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1415 GMT - Eurozone wage growth will continue to keep inflation above the European Central Bank's 2% target this year, according to new estimates by Germany's Commerzbank. Negotiated wages rose 4.1% on year in the last quarter of 2024 in the 20-member currency area, slowing from 5.4% the previous quarter but still high relative to prepandemic salary growth, figures show Tuesday. \"As companies are passing on high wages to consumers, consumer prices are also likely to continue to rise, particularly in the important services sector,\" Commerzbank's Vincent Stamer tells clients in a note. That means inflation will likely stay stubbornly above the ECB's target, despite some easing underyling price trends, he says.(joshua.kirby@wsj.com; @joshualeokirby) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 25, 2025 09:15 ET (14:15 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1215","symbol_name":"特殊消费者服务","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2514909709","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2514909709","pubTimestamp":1740492900,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1415 GMT - Eurozone wage growth will continue to keep inflation above the European Central Bank's 2% target this year, according to new estimates by Germany's Commerzbank. Negotiated wages rose 4.1% on year in the last quarter of 2024 in the 20-member currency area, slowing from 5.4% the previous quarter but still high relative to prepandemic salary growth, figures show Tuesday. \"As companies are passing on high wages to consumers, consumer prices are also likely to continue to rise, particularly in the important services sector,\" Commerzbank's Vincent Stamer tells clients in a note. 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Negotiated wages rose 4.1% on year in the last quarter of 2024 in the 20-member currency area, slowing from 5.4% the previous quarter but still high relative to prepandemic salary growth, figures show Tuesday. \"As companies are passing on high wages to consumers, consumer prices are also likely to continue to rise, particularly in the important services sector,\" Commerzbank's Vincent Stamer tells clients in a note. That means inflation will likely stay stubbornly above the ECB's target, despite some easing underyling price trends, he says.(joshua.kirby@wsj.com; @joshualeokirby) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 25, 2025 09:15 ET (14:15 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}