FILE PHOTO: European Central Bank Vice President Luis de Guindos during a news conference in Frankfurt, Germany December 15, 2022. REUTERS/Wolfgang Rattay

MADRID, March 3 (Reuters) – Core inflation in the euro zone is expected to persist this year due to higher wages and government support, European Central Bank Vice President Luis de Guindos said on Friday. .

“We are moving from a situation of energy shock to another with other determinants, such as wages or fiscal policy,” De Guindos said at an event in Madrid.

“We believe that headline inflation will continue to slow in the coming months (and) in the coming months towards the middle of the year, it could be below 6%. Core inflation is going to be more stable in his behavior.”

(Reporting by Jesús Aguado and Emma Pinedo; Writing by Francesco Canepa in Frankfurt; Editing by John Stonestreet, Editing in Spanish by José Muñoz)

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