ECB survey sees core inflation at 1.8 pct by 2022 vs 1.7 pct seen earlier

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27 October 2017

ECB survey sees core inflation at 1.8 pct by 2022 vs 1.7 pct seen earlier

2018 gpd growth at 1.9 pct vs 1.8 pct 3 months ago, 2019 growth seen at 1.7 pct vs 1.6 pct
Unemployment seen at 8.6 pct in 2018, 8.2 pct in 2019, both 0.2 percentage point down from last forecast
2022 inflation at 1.9 pct vs 1.8 pct seen 3 months ago; 2018 and 2019 forecasts unchanged

Irish foreign minister says if Britain maintains current position, some sort of customs border cannot be avoided

Major European stock exchanges trading in the green zone: FTSE 7501.15 +14.65 + 0.20%, DAX 13209.52 +76.24 + 0.58%, CAC 5478.34 +22.94 + 0.42%

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