Negative inflation may come in the euro zone
Plunging oil prices could push eurozone inflation into negative territory during “some months” in the first half of 2016, European Central Bank (ECB) board member Ewald Nowotny said on Friday.
Eurozone inflation remained stuck at 0.2 percent in December, a long way below the ECB's stated target of just below 2 percent, despite ongoing efforts by the bank to kickstart consumer prices.
Nowotny told reporters oil prices were weighing not just on overall prices, but also on underlying, or core, inflation, a measure which strips out food and energy prices. (MTI, tozsdeforum.hu)
Related news
Food inflation accelerated in Germany in September
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Export champion with innovation in the sugar market curve – Budapest industry roundtable on the competitiveness of confectionery manufacturers
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Inflation: stagnation instead of expected increase – 4.3% annual rate, 3.9% core inflation
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Related news
The 2025 Sustainable Future Awards were presented: the most outstanding sustainable companies and leaders of the year were recognized
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >The 2025 Sustainable Future Awards have been presented
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >How do we get started if we are not yet present in online commerce?
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >