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Milan Projects Sharp Decline in Housing-Driven Services Inflation

Economic forecasts suggest housing-related costs may ease, reducing overall services inflation in the coming quarters.

Summary

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Terms & Concepts
  • Services Inflation: The rate at which prices for services, such as housing, healthcare, and education, increase over time.
  • Housing-Driven Inflation: Inflation primarily influenced by rising costs in the housing sector, including rents and home prices.