AI Data Insight
The EU's April 2025 CPI year-over-year growth rate further retreated to 2.2%, lower than the previous value of 2.4%, steadily approaching the European Central Bank's (ECB) 2% target. Driven by a decline in energy prices, inflation has cooled significantly. The market expects the ECB to potentially initiate rate cuts in the short term, though attention must still be paid to the stickiness of service sector inflation.