Euro-area inflation figures for December due this week are likely to indicate price increases may have peaked. The rate should drop more significantly at the start of this year, as the effect of a temporary cut in Germany’s value-added tax falls out of the annual comparison. Bloomberg Economics also doesn’t anticipate the steep rise in road fuel costs seen in January to March of 2021 to be repeated in the first three months of 2022. Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast . — With assistance by Josh Robinson, and Barbara Sladkowska