Fall Back 2024 Europe. With signs of softening labour demand and further progress in disinflation, a sustainable fall of inflation back to our 2% target in a timely manner is becoming more likely, despite still elevated services inflation and strong wage growth. Join us on one of our 2024/2025 european cruises, where you’ll experience the old world to the fullest with the only relaxed luxury® cruise line sailing there.
With signs of softening labour demand and further progress in disinflation, a sustainable fall of inflation back to our 2% target in a timely manner is becoming more likely, despite still elevated services inflation and strong wage growth. Headline inflation in the euro area is now projected to fall to 2.3% in 2024, compared with 2.7% expected just six months ago.
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