"Christine Lagarde said the "disinflationary process is over" as the eurozone is "in a good place"."
""The domestic economy is showing resilience, the labour market is solid and risks are more balanced," Lagarde told journalists."
"She added that inflation was "where we want it to be"."
Eurozone headline inflation was revised down to 2% in August, matching the European Central Bank target. Annual inflation remained unchanged at 2.4% in August. In the month, food, alcohol and tobacco recorded the highest annual rate at 3.2%. ECB President Christine Lagarde said the "disinflationary process is over" and described the eurozone as "in a good place." Lagarde noted that the domestic economy is showing resilience, the labour market is solid and risks are more balanced, and she said inflation was "where we want it to be."
Read at London Business News | Londonlovesbusiness.com
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