Search results for "BERT"
10:38

The elastic economy supports eurozone inflation.

Jin10 data reported on May 2, economists at ING, Bert Colijn, stated that inflation in the Eurozone is unlikely to fall significantly in the future because the underlying resilience of the economy offsets the dampening effects of trade tariffs. Data released on Friday showed that prices in the Eurozone rose 2.2% year-on-year in April, remaining stable compared to the previous month. Colijn said that trade turmoil and the ensuing drop in energy prices have brought the inflation rate close to the European Central Bank's target of 2%. However, investors should not expect inflation to decline significantly in the coming months. He remarked, "Even if the trade war initially suppressed inflationary pressures, a robust Eurozone economy with a strong labor market and high wage growth is likely to keep inflation elevated to some extent in the coming months."
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BERT-3.66%
12:45

Gate.io: Eurozone retail sales in trouble but still hopeful of achieving rise

According to the report of Bert Colijn, an international economist from the Netherlands, although retail sales in the euro area have declined, purchasing power is rising rapidly, real wages are recovering, and consumption has not yet shown a strong Rebound. Consumer concerns about the economy and unemployment have increased, which may lead to weak first-quarter spending and continued low GDPrise.
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BERT-3.66%
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