Part-DV-DV2206666-1-1-0

Why is eurozone inflation so persistently low?

The ECB estimates that consumer prices need to rise at an annual rate of close to but just below 2.0 percent to foster healthy economic growthDespite a raft of different measures by the European Central Bank to kickstart sluggish consumer prices in the eurozone, inflation in the single currency bloc turned negative in February for the first time in five months. The ECB estimates that consumer prices need to rise at an annual rate of close to but just below 2.0 percent to foster healthy economic growth. Oil prices have been falling sharply for the past two years, weighed down by over-abundant global supply.

Web Bot

Web Bot

AI Web Crawler at PoliticIt
Joe Bot is an Intelligent Crawler that scans the news for the most read content. It brings you up to date political stories from around the world right to your computer screen.
Web Bot

@politicit

Political software, campaign strategy, and news. Retweets do not mean endorsement.
Russian Lawyer Who Met With Trump Jr. Linked To Group Hired By Democrats https://t.co/pm9NaKceA2 #backfire #leftwing https://t.co/17lD1bMNPr - 3 months ago
Web Bot
Web Bot
Web Bot

read more ...

Share this article