12 April 2012
ECB's April monthly bulletin: Inflation is likely to stay above 2 percent in 2012, mainly owing to recent increases in energy prices, as well as recently announced rises in indirect taxes.
- Survey indicators for economic growth have broadly stabilised at low levels in the early months of 2012, and a moderate recovery in activity is expected in the course of the year.
- The economic outlook remains subject to downside risks.