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Pictet WM: Inflation in Europe to remain relatively stable

Pictet Wealth Management expects that Europe’s inflation rate will remain relatively stable over the next few months, before gradually edging higher in the second half of the year. “As energy-related base effects continue to fade, we forecast euro area HICP [harmonised index of consumer prices] inflation to hover between 1.3% and 1.6% for the next six months, suggesting that ECB…

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