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22 november 2021 Onderzoek Toezichtlabel Analyses

After being subdued for a number of years, euro area inflation has recently increased markedly. This raises two main questions. What are the drivers of this development? To what extent is this increase transitory and what are the risks that inflation may be higher in the future? This article addresses these questions.

Euro area inflation and the pandemic



  • Gabriele Galati
  • Marco Hoeberichts