Bank of Italy's Visco: Underlying Inflation Is Stubborn

The video discusses recent trends in inflation, noting a decrease in overall inflation due to falling energy prices, while core inflation remains stubborn due to past energy price increases. It highlights regional differences, particularly between Europe and the U.S., and projects future inflation trends, expecting a significant reduction by 2025. The video also examines the impact of the labor market and sectoral economic conditions, with manufacturing slowing and the service sector, especially tourism, booming in some European countries.

What has been the trend of core inflation in recent months?

What factors contributed to the reduction in inflation according to the text?

How does the situation of energy prices in Europe compare to that in the United States?

What projections does the ECB have for inflation by the end of 2025?

What observations were made regarding the service sector in Europe?