- ECB publishes forecasts on lower inflation and less economic growth
Market news
13 November 2014
ECB publishes forecasts on lower inflation and less economic growth
ECB expects euro zone inflation of 1% in 2015 and 1.4% in 2016. Previous forecast estimated inflation to be 1.2% in 2015 and 1.5% in 2016. The ECB also lowered its economic growth forecast for 2015 from 1.5% to 1.2% naming falling oil prices and political tensions the main reasons.
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