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A strategic view on the economic and inflation environment in the euro area

Author

Listed:
  • Nickel, Christiane
  • Kilponen, Juha
  • Moral-Benito, Enrique
  • Koester, Gerrit
  • Ciccarelli, Matteo
  • Enders, Almira
  • Holton, Sarah
  • Landau, Bettina
  • Venditti, Fabrizio
  • Bobeica, Elena
  • Brand, Claus
  • Burriel, Pablo
  • Dossche, Maarten
  • Galati, Gabriele
  • Lenza, Michele
  • Lodge, David
  • Ortega, Eva
  • Pierluigi, Beatrice
  • Pönkä, Harri
  • Warmedinger, Thomas
  • Albert, Branislav
  • Albertazzi, Ugo
  • Attinasi, Maria Grazia
  • Bańbura, Marta
  • Battistini, Niccolò
  • Bessonovs, Andrejs
  • Bonam, Dennis
  • Borgy, Vladimir
  • Carvalho, Alexandre
  • Checherita-Westphal, Cristina
  • Consolo, Agostino
  • Corbisiero, Giuseppe
  • Cova, Pietro
  • Debono, Nathaniel
  • Dedola, Luca
  • Dorrucci, Ettore
  • Elfsbacka Schmöller, Michaela
  • Emter, Lorenz
  • Falath, Juraj
  • Fritzer, Friedrich
  • Fröhling, Annette
  • Sanchez, Pablo Garcia
  • Gareis, Johannes
  • Grimaud, Alex
  • Gulan, Adam
  • Gumiel, José Emilio
  • Hoeberichts, Marco
  • Höynck, Christian
  • Hutchinson, John
  • Karakitsios, Alexandros
  • Kasimati, Evangelia
  • Kazakova, Daria
  • Kenny, Geoff
  • Kuik, Friderike
  • Lebastard, Laura
  • Lopez-Garcia, Paloma
  • Luketina, Marko
  • Lydon, Reamonn
  • Manu, Ana-Simona
  • Martínez Hernández, Catalina
  • Martorana, Giulia
  • Meunier, Baptiste
  • Modery, Wolfgang
  • Momferatou, Daphne
  • Montes-Galdón, Carlos
  • Osbat, Chiara
  • Page, Adrian
  • Ploj, Gasper
  • Reedik, Reet
  • Reichenbachas, Tomas
  • Ribeiro, Pedro
  • Sagot, Juliette
  • Szörfi, Béla
  • Tóth, Máté
  • Valderrama, María T.
  • Wauters, Joris
  • Westermann, Thomas
  • Žilić, Ivan
  • Zimmer, Hélène
  • Zizza, Roberta
  • Zorko, Robert
  • Aguilar, Pablo
  • Akkaya, Yıldız
  • Angelini, Elena
  • Bańkowska, Katarzyna
  • Bates, Colm
  • Beck, Jeanne
  • Benatti, Nicola
  • Bitter, Lea
  • Botelho, Vasco
  • Chahad, Mohammed
  • Christoffel, Kai
  • De Backer, Bruno
  • Rigato, Rodolfo Dinis
  • Falk, Elisabeth
  • Foroni, Claudia
  • Franceschi, Emanuele
  • Dago, Jose Elias Gallegos
  • Georgarakos, Dimitris
  • Goy, Gavin
  • Groß, Johannes
  • Hahn, Elke
  • Martínez-Martin, Jaime
  • Ilieva, Boryana
  • Jorra, Markus
  • Juvonen, Petteri
  • Kase, Hanno
  • Kataryniuk, Ivan
  • Kocharkov, Georgi
  • Kornprobst, Antoine
  • Lawton, Neil
  • Lisack, Noëmie
  • Ioannou, Demosthenes
  • Mazelis, Falk
  • McGregor, Thomas
  • Meyler, Aidan
  • Müller, Tobias
  • Nuño, Galo
  • Ordoñez Martínez, Iván
  • Papetti, Andrea
  • Paredes, Joan
  • Parker, Miles
  • Bayarri, Blanca Prat I
  • Priftis, Romanos
  • Oke, Roehe
  • Roma, Moreno
  • Schupp, Fabian
  • Sigwalt, Antoine
  • Speck, Christian
  • Wieland, Elisabeth
  • Zimic, Srečko
  • D'Agostino, Mario
  • Durero, Filippo
  • Esposito, Claudia
  • Esposito, Dario
  • Huber, Christian
  • Ilkova, Ivelina
  • Kobayashi, Alicja
  • Krief, Elias
  • Manzoni, Claudio
  • Muggenthaler-Gerathewohl, Philip

Abstract

This report offers a strategic view on the economic and inflation environment in the euro area as part of the monetary policy strategy assessment 2025. It reassesses the factors shaping the inflation and economic environment in light of the recent inflation experience, analyses changes in structural factors and examines the implications for the inflation environment the ECB is likely to face. It also draws conclusions regarding the enhancements that need to be made to the existing analytical toolkit and inflation forecasting.

Suggested Citation

  • Nickel, Christiane & Kilponen, Juha & Moral-Benito, Enrique & Koester, Gerrit & Ciccarelli, Matteo & Enders, Almira & Holton, Sarah & Landau, Bettina & Venditti, Fabrizio & Bobeica, Elena & Brand, Cla, 2025. "A strategic view on the economic and inflation environment in the euro area," Occasional Paper Series 371, European Central Bank.
  • Handle: RePEc:ecb:ecbops:2025371
    Note: 166869
    as

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    File URL: https://www.ecb.europa.eu//pub/pdf/scpops/ecb.op371.en.pdf
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