• ECB Draghi: Recent indicators confirm econ stabilization;low levels

Market news

25 April 2012

ECB Draghi: Recent indicators confirm econ stabilization;low levels

  • Data are mixed, highlight prevailing uncertainty

  • Growth to be supported by foreign demand, low rates
  • Downside growth risks related to sov. debt crisis
  • Infl. likely to stay above 2% this year due to oil
  • Gov. council expects infl. to fall below 2% in 2013
  • Underlying price pressures should remain modest
  • Risks to price stability broadly balanced
  • Upside risks to infl. from energy, indirect taxes

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