According to Commerzbank, inflation in the euro area may decrease with oil prices in the coming months.
Commerzbank Vincent Stamer, inflation in the euro area can return in the coming months, he said. The increase in inflation is mainly due to increasing oil prices. The increase in oil is temporarily increased by more than 10 percent due to the Israeli-Iran War. Stamer, who published a research newsletter, said that oil prices could decrease with inflation because of the decline by the end of the month. However, Stamer pointed out the uncertainty of the impact of the US tariffs and the European central bank predicted that he would press the interest rate reduction button at this month's meeting. Stamer, tariffs that slow Europe's exports and decreased pressure on product prices, ECB can reduce interest rates in the fall, he added.