Colosseum a.s. (Colosseum a.s.)
Macroeconomics  |  April 03, 2013 12:43:28

Inflation in Europe gradually decreases



ColosseumEuropean Statistical Office said today that in March, consumer prices in the euro area increased year on year by 1.7%, while inflation in February was 1.8% and the ECB's medium-term target is 2%. Due to the economic recession and record-high unemployment rate is expected to further reduce the rate of growth of prices. Low inflation allows the ECB to continue the extremely relaxed monetary policy in order to jump-start economic growth.

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