• ECB Draghi: “2012 fcast range unch, 2013 range slightly narrowed”

Market news

6 June 2012

ECB Draghi: “2012 fcast range unch, 2013 range slightly narrowed”

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    ECB STAFF: Sees 2012 HICP 2.3% to 2.5%; Mar fcst 2.1% to 2.7%; Sees 2013 HICP 1.0% to 2.2%; Mar fcst 0.9% to 2.3%

     

  • ECB STAFF: See 2012 GDP -0.5% to +0.3%; Mar fcst -0.5% to +0.3%; Sees 2013 GDP 0% to +2.0%%; Mar fcst 0.0% to +2.2%

  • econ outlook subject to increased downside risks

  • downside risks related to debt tensions, spillover

  • downside risks also relate to commodity prices

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