Higher core Eurozone inflation may allow ECB to “wait and see” June 30, 2014 Inflation in the euro area has held steady in June, static at an annual rate of 0.5 per cent, according to data released by Eurostat. Fears over the disinflationary climate in the Eurozone prompted the European Central Bank (ECB) to take action this month, with president Mario Draghi delivering a package of measures aimed at [...]
Eurozone inflation is even weaker than we expected and it’s got the ECB scared June 3, 2014 Today brings the week's most important data point. Annual Eurozone inflation is in – and it's even weaker than economists had forecast. Prices rose by just 0.5 per cent in the year to May, according to Eurostat's flash estimate, far weaker than the 0.6 expected and the 0.7 per cent CPI reported in the year [...]
Eurozone inflation confirmed at 0.5pc as pressure piles on Draghi April 16, 2014 The shock fall seen in Eurozone inflation in March has been confirmed this morning. A final revision of Eurozone inflation for March has come in at 0.5 per cent – confirming the four-year low preliminary reading and stoking concerns that the economic area could slip into deflation, as disinflation continues. Below the European Central Bank [...]
Draghi’s sleeping at the wheel as Eurozone inflation hits 0.5pc March 31, 2014 Inflation in the Eurozone has fallen by more than expected in March, to 0.5 per cent year-on-year – that’s the lowest it’s been since November 2009. Although the number probably captured, in part, temporary factors relating to the timing of Easter this year, it's still weaker than was hoped for. Analysts had expected a reading [...]
Eurozone inflation will hit 1.7pc in 2016 says ECB March 6, 2014 European Central Bank President Mario Draghi has confirmed he sees rates at present or lower levels for an extended period of time, but has opted to do nothing when it comes to taking action. The bank revealed this afternoon that it expects annualised inflation to hit 1.5 per cent in 2016, and 1.7 per cent [...]
Germany’s economy is only king in the blind valley of the Eurozone July 2, 2012 In the present debate on the euro crisis, Germany is frequently portrayed as a model of economic strength, a beacon of fiscal prudence and a proponent of structural reform. Her resources seem endless and her government debt an indisputable safe-haven. If only Germany shared her strength and resources more generously, the euro debt crisis could [...]