President of the European Central Bank: the current high inflation in the euro zone will fall within the year
European Central Bank President Lagarde said again in an interview with French radio on the 20th local time that although the inflation rate of eurozone countries reached a high of 5% last month, this situation is temporary. Lagarde said that at present, the main reasons for pushing up inflation are high energy prices and blocked supply chains. These two factors will improve in the coming months with the end of the winter heating season and the easing of the epidemic in Europe. Therefore, inflation in the eurozone will also fall.
This text is a result of machine translation.
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