Belgium (The Brussels Morning Newspaper): Belgium and the Netherlands had the most job openings in the EU at 4.4% each in Q2 2024, lower than Belgium’s 4.7% a year ago. The EU’s inflation rate dropped to 2.6% in Q1 2024 compared to the year before.
According to Eurostat’s report on Friday, Belgium and the Netherlands have equivalent rates of 4.4%, respectively. A year ago, Belgium’s job vacancy rate was at 4.7%. By early 2024, a 2.6% inflation rate in the European Union economy will reflect a fall compared to last year’s figures.
How Are Supply Chains Affecting the Eurozone Economy?
According to resources, Prices might be dropping because of supply chain problems, energy cost changes, and improvements in the European Central Bank’s money policies. This lower inflation rate means prices for things people buy are stable now, showing the economy is adjusting to reduce living expenses. The inflation rate in the Eurozone has stayed at 2.9%, just like in early 2023. This means prices in the Eurozone haven’t changed much over the past year.
