- European Central Bank cut its inflation and growth forecasts
Noticias del mercado
4 diciembre 2014
European Central Bank cut its inflation and growth forecasts
The European Central Bank (ECB) released its new economic forecast figures on Thursday. Inflation forecast for the Eurozone was lowered to 0.5% in 2014 from the previous estimate of 0.6%, to 0.7% in 2015 from the previous estimate 1.1% and to 1.3% in 2016 from the previous estimate 1.4%.
The ECB also cut its economic growth forecast for the Eurozone. The growth was lowered to 0.8% 2014 the previous estimate of 0.9%, to 1.0% in 2015 from the previous estimate of 1.6% and to 1.5% in 2016 from the previous estimate of 1.9%.
The ECB warned that new inflation forecasts did not take into account the recent decline in oil prices.
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