The inflation rates of the four largest economies in the Eurozone are expected to reach or fall below the central bank's target of 2% in May.

According to economists' predictions, the inflation rates of the four major economies in the Eurozone are currently at or below the European Central Bank's target of 2%. If their expectations for the eurozone data to be released next week come true, it will be the first time in eight months and the second time since 2021 that the year-on-year inflation rates of these countries have not exceeded the target. French data is expected to remain at 0.9% and will be released on Tuesday. The other three data sets will be released on Friday, with Italy expected to be at 1.9% and Germany and Spain at 2%. Overall, these four major economies account for over 70% of the total economic output of the Eurozone.